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Topic: Cendant Software

	YOUR NAME's Real Estate Update
		Four weeks after the troubled but recovering Cendant Corp. made public the results of an internal investigation into accounting fraud, the firm has issued its revised earnings outlook for the current year and released its restated results for the previous three years, as expected.
		Cendant (NYSE:CD) said in its updated filing with the U.S. Securities and Exchange Commission that it lost 27 cents a share in fiscal 1997, instead of a gain of six cents per share as first reported.
		Cendant said its 1998 net income will be reduced by seven cents to nine cents a share because of the changes.
	realtytimes.com /rtnews/nlpages/19981001_cendantoutlook.htm (587 words)

	Will Cendant Sell?k
		Cendant was formed last year from the merger between HFS and CUC International.
		That's why Cendant wanted an insurer; they think they can sell insurance up the wazoo to all the people who're members of their membership clubs, or patrons of their hotels, or use their real estate services.
		Cendant is not in financial trouble; they have good lines of credit, their operations throw off a lot of cash.
	www.costik.com /cendant.html (1540 words)

	Blizzard Entertainment Press Release - 20 November 1998
		As previously announced, the sale of Cendant Software, which includes Knowledge Adventure, Blizzard Entertainment, Davidson and Associates and Sierra On-Line, is part of an ongoing program by management to undertake various strategic alternatives to enhance shareholder value by continuing to focus on the Company's core business model.
		Cendant is one of the world's foremost providers of consumer and business services.
		In Travel Services, Cendant is the leading franchisor of hotels and rental car agencies worldwide; the largest provider of vacation exchange services; a leading fleet management company; the UK's largest private car park operator; and a leading motorist assistance group in the UK.
	www.diabloii.net /pressdesk/blizpr20nov98.htm (527 words)

	Cendant names chief of Web travel business - Technology - International Herald Tribune
		NEW YORK Cendant has hired Jeff Clark, the former chief operating officer of the software company CA, as chief executive of the real estate and travel conglomerate's online travel business, which includes Orbitz and Cheaptickets.com.
		The move comes as Cendant is preparing to break itself up by spinning off its four major units into publicly traded companies.
		Cendant is hoping to bolster the travel business with the addition of Clark and other managers.
	www.iht.com /articles/2006/04/18/business/cendant.php (472 words)

	Cendant sells software unit to Havas \| CNET News.com
		Cendant says it will sell its consumer software division, Cendant Software and its subsidiaries, to Paris-based Havas for approximately $1 billion.
		Cendant is primarily a travel and real estate services firm and marketing company.
		Cendant has been wracked by shareholder suits and allegations of irregular accounting this year.
	news.com.com /2100-1001-218253.html?legacy=cnet (365 words)

	IntraNet: Big Value Intranet on the Cheap, 6/29/98
		More impressive is the $2 million or more Cendant expects to save annually because the intranet team has put a phone service bill- and credit-tracking application on the company Web.
		Cendant's intranet manager chose the user-friendly Net-It and FrontPage because approximately 100 business managers across the company are the ones filling the intranet with basic content.
		Cendant estimates the number of transactions handled on this site at 60,000 per month, for a yearly revenue of $1 billion.
	www.networkworld.com /intranet/0629cendant.html (1416 words)

	Cendant Selling Auto Leasing Unit to Avis
		Cendant said that as a result of the sale, its stake in Avis would increase from 19% to 34% over the next several years.
		Cendant intends to use the net cash proceeds from the disposition of these assets primarily to repurchase its stock.
		Cendant, which had an accounting scandal last year that led to the departure of its chairman, has said it could raise several billion dollars in 1999 selling off businesses not core to its real estate and travel empire.
	bg.directmag.com /ar/marketing_cendant_selling_auto (435 words)

	Planetfortress
		Sierra Studios, a member of the Sierra family and a brand division of parent company Cendant Software, is dedicated to bringing to market computer game entertainment software that reflects a commitment to established game brands, quality gameplay and represents a move to bring new and innovative experiences to gamers.
		Sierra is part of Cendant Software, one of the largest PC consumer software groups in the world, and a leader in entertainment and educational software.
		Cendant Corporation is the result of the December 1997 merger between CUC International and HFS Incorporated, creating a business and consumer services company focused on real estate, travel and membership.
	www.planetfortress.com /tf2/pressrelease1.shtml (1000 words)

	Havas Buying Sierra (Site not responding. Last check: 2007-10-08)
		Cendant Software develops products that are well known throughout the world, in particular under the brand names Adibou, Blizzard, Knowledge Adventure and Sierra.
		The acquisition of Cendant Software is a unique opportunity for Havas to become world leader in electronic publishing, a market that is undergoing strong growth.
		Havas is to acquire 100% of Cendant Software for a basic price of $800m and a maximum upside potential of $185m.
	members.aol.com /SierraNewsOne/9811/havas_buying_sierra.htm (591 words)

	Hospitality Net - Industry News - Interactive Connection to Provide Hospitality Industry News to Cendant Software's ... (Site not responding. Last check: 2007-10-08)
		Cendant Corporation is best known worldwide as a premier marketer and provider of consumer and business services.
		Although Cendant specializes in several industries, the focus of their recent partnership with Interactive Connection is for their hotel division.
		Cendant Software is the Cendant business unit that created, designed, built and manages the Hospitality Network.
	www.hospitalitynet.org /news/4000929.html (513 words)

	Open Source Ascendant - Editorial - CIO (Site not responding. Last check: 2007-10-08)
		Just as few CIOs are interested in first versions of software, few are ready to risk their most important applications on a technical infrastructure that most of their peers haven't embraced.
		Cendant Travel Distribution Services runs Linux on Intel servers at a fraction of the cost of either the legacy mainframe or Unix.
		The technical robustness of the hardware and software and support availability all crossed an invisible baseline that Lutz (and every IT leader) has in his mind for new technologies: Lutz felt personally comfortable with it.
	www.cio.com /archive/070105/cendant.html (4030 words)

	Cendant - Wikipedia, the free encyclopedia
		The last CEO of Cendant was Henry Silverman.
		In 1996, Cendant purchased Sierra On-Line and Davidson and Associates for $2.2 billion.
		Earlier in 2004, Cendant acquired the trademark rights to the Ramada brand in the United States, where there are 819 franchised properties.
	en.wikipedia.org /wiki/Cendant_Software (526 words)

	Otros conflictos de Cendant (Site not responding. Last check: 2007-10-08)
		As a franchisor, Cendant is among the world's leading franchisors of hotels, rental car agencies, tax preparation services and real estate brokerage offices.
		As a provider of outsourcing solutions, Cendant is the world's largest vacation exchange service, a major provider of mortgage services to consumers and the global leader in employee relocation.
		Cendant Software and Hebdo Mag International (both presents in Spain), and the motoring leasing business, are some of the subsidiaries that have been sold in this period in Spain.
	www.orlemo.com /otros_conflictos.htm (1366 words)

	RisMedia.com - Homestore, Cendant Reach Settlement (Site not responding. Last check: 2007-10-08)
		Cendant’s franchisees can continue to access the largest online audience of potential homebuyers through Homestore’s family of Web sites, and consumers can continue to find Cendant’s real estate listings on Realtor.com.
		Pursuant to the settlement, Cendant agrees not to sue Homestore or its officers, directors or certain related parties for certain claims relating to the Move.com Group transaction and the prior restatement of Homestore’s financial statements, and Homestore releases Cendant from all claims relating to the Move.com Group transaction.
		Homestore does have contingent obligations to Cendant depending upon Cendant’s eventual status in the class action shareholder litigation and its ability to register Cendant’s shares of Homestore common stock.
	www.rismedia.com /index.php/article/articleprint/4609/-1/1 (562 words)

	Cendant strikes out anew - Nov. 20, 1998
		NEW YORK (CNNfn) - Cendant Corp.'s decision on Friday to sell its software business to the French media concern Havas SA for as much as $1 billion is more than just another deal in the vast mix of mergers and acquisitions.
		During the virtual freefall that ensued, Cendant (CD) stock tumbled more than 70 percent from an April high of 41-3/8.
		Cendant said it expects to reap an aftertax gain of $450 million in the first quarter after the spinoff.
	money.cnn.com /1998/11/20/deals/cendant_closer (966 words)

	ITA Software: ITA Software (Site not responding. Last check: 2007-10-08)
		For Trip Network, ITA Software will return more flight options, which will be displayed to consumers based on their user-selected preferences and prescribed criteria, providing more choices based on carrier, routing and price.
		ITA Software, Inc. (www.itasoftware.com) is the developer of the world's most advanced system for airfare shopping, pricing, scheduling and seat availability.
		ITA Software was founded by computer scientists from the Massachusetts Institute of Technology.
	www.itasoftware.com /news/pr/galileo.php (558 words)

	Electronic Ed Market Update (Site not responding. Last check: 2007-10-08)
		Like several software publishers, CCC is offering to assist school districts in dealing with the bug, including providing a free upgrade distributed over the Internet that will make CCC’s courseware Y2K compliant.
		While publishers have to address the Y2K bug directly to ensure their curriculum software is compliant, most districts and states have had the luxury of just requiring that all the software they purchase be Y2K compliant.
		"Cendant will go with whoever they want, so I don’t think TLC’s restructuring will have anything to do with it," Dube said, adding that TLC is likely more interested in smaller acquisitions to help it enter various niche markets where it is not much of a player.
	www.icte.org /eer091691.html (1116 words)

	Cendant mulls spin off of software division - Aug. 5, 1998
		NEW YORK (CNNfn) - While Cendant Corp. continues to weigh its options on restoring lost credibility, analysts are bullish over the prospect of a public spinoff of the Sierra On-Line and Davidson and Associates computer software divisions.
		Cendant's new chairman and chief executive officer, Henry Silverman, has said he is considering the offering in the wake of the conglomerate's recent upheaval.
		The software unit has always been an unusual division at Cendant, a marketer and franchiser of travel and real estate services based in Stamford, Conn., and Parsippany, N.J. In April, Cendant disclosed "accounting irregularities" at CUC that it said would reduce 1997 net income by 11 cents to 13 cents a share.
	money.cnn.com /1998/08/05/investing/q_cendant (827 words)

	Sierra On-Line - Press News - Coming Soon Magazine
		Sierra Sports and Sierra On-Line, Inc. are part of Cendant Software, one of the largest PC consumer software groups in the world, and a leader in entertainment and educational software.
		Cendant Software consolidates the sales, manufacturing, finance, accounting and management of Cendant Corporation's software divisions, including Sierra On-Line, Inc., Knowledge Adventurer, Davidson & Associates, Inc. and Blizzard Entertainment.
		Cendant Corporation (NYSE: CD) is the result of the Dec. 17, 1997 merger between CUC International and HFS Incorporated, creating the world's largest business and consumer services company (based on market capitalization), with a focus on real estate, travel, membership and software.
	www.csoon.com /issue31/p_siera2.htm (755 words)

	Cendant sells software unit for $1 billion - Nov. 20, 1998
		LONDON (CNNfn) - Cendant Corp. has confirmed it will sell its consumer software unit to French media group Havas for up to $1 billion.
		Cendant (CD), formed by the merger late last year of HFS and CUC International, has been struggling to turn its financial situation around since it discovered accounting irregularities last spring.
		Havas is counting on the acquisition of Cendant's consumer software business to boost its presence in the United States.
	money.cnn.com /1998/11/20/worldbiz/cendant (567 words)

	SCO Group Eases Its Customers' Worries - News by InformationWeek
		That was good news for Cendant Corp., which five years ago made a bold move to begin offering Linux-based property-management software to the hotels it owns.
		Back then, Cendant was proposing to entrust the heart of its hotel systems—software that handles check-in/out, reservations, receipts, and guest histories—to an operating system largely unproven in enterprise environments.
		Today, 60% of Cendant's 7,000 hotels run their property management applications on an open-source application from Hotel Software Systems Ltd. That software runs atop a Linux distribution from SCO Group.
	www.informationweek.com /story/showArticle.jhtml?articleID=10700830 (398 words)

	Linux Checks In At Hotel Chain
		Before the modernization project was launched in 1998, most of Cendant's hotels either didn't have a computer or had separate on-site systems.
		Cendant continues to work with Caldera to automate the distribution of updates, applications and system maintenance, so it can be done from a remote location for any of the company's hotels.
		Cendant is pleased with OpenLinux’s stability and Caldera’s support, says Jeff Daniels (right), pictured here with Cendant support specialist Norman Wall.
	www.computerworld.com /softwaretopics/os/story/0,10801,65761,00.html (1439 words)

	Wired News: Cendant Sells Software Unit
		Troubled Cendant said on Friday it agreed to sell its consumer software division to Havas, a subsidiary of France's Vivendi SA, for US$800 million so it can concentrate on its core marketing business.
		The move is part of Cendant's strategy to focus on its core business of franchising its Century 21 real estate, Avis Rent-a-Car, and Ramada and Howard Johnson motel brands.
		In a related effort, Cendant scratched in October its plans to acquire Miami-based American Bankers Insurance Group, a deal that would have required it to pay roughly $3.1 billion.
	www.wired.com /news/business/0,1367,16402,00.html (671 words)

	Feature Article - Toying With Education
		The term most typically applies to children's software in which the entertainment elements are obvious, but has also come to loosely include interactive multimedia learning software for adults.
		The current market for edutainment/multimedia learning software is by all indications large-and the growth prospects appear exceptionally promising, especially as the Internet promises wider bandwidth and a greater capacity for data delivery.
		With the acquisition of Cendant, the gaming and educational niche is now a Havas specialty, with products such as The Blaster Pals, a series of programs that invite children as young as four to embark on a "math mission" to space, helping the cartoon figures while building arithmetic skills.
	www.graduatingengineer.com /articles/feature/1-17-00a.html (2036 words)

	The Adrenaline Vault \| News \| (Site not responding. Last check: 2007-10-08)
		Cendant Corp., which franchises hotels, car-rental agencies and real estate broker offices, said on Tuesday it had completed the sale of Cendant Software and its subsidiaries to French media company Havas SA for $800 million cash plus future potential cash payments.
		Cendant said that during the past 30 days it has received more than $1.3 billion of proceeds from asset sales, which it used to repurchase stock and reduce debt.
		Shares of Cendant were down 25 cents at $18.94 Tuesday afternoon.
	www.avault.com /news/displaynews.asp?story=1121999-135822 (190 words)

	CENDANT (Site not responding. Last check: 2007-10-08)
		You may not copy, reproduce, republish, upload, post, transmit, distribute, and/or exploit the Content in any way (including by e-mail or other electronic means) for commercial use without the prior written consent of Us or the Providers.
		You may request consent by faxing a request to Cendant's LegalDepartment at 973.496.5331.
		You may not use on Your Web site any registered or unregistered trademarks, service marks or copyrighted materials appearing on this Web Site, including but not limited to any logos or characters, without the express written consent of the owner of the mark or copyright.
	www.cendantnewbrunswick.com /terms.html (2117 words)

	DFC Intelligence - Year in Review: 1998
		The best news from the consolidation front was that the $1 billion purchase of Cendant and Mattel’s willingness to pay $3.8 billion for The Learning Company may help validate the game market in the eyes of an Internet obsessed financial community.
		The biggest growth segment for PC software is with titles that are released in the $20 to $30 range.
		For software publishers, several ominous trends continued to loom on the horizon throughout 1998.
	www.dfcint.com /game_article/yearinreview98.html (1890 words)

	Electronic Ed Report (Site not responding. Last check: 2007-10-08)
		Powered by educational software publisher Computer Curriculum Corp. and satellite TV programmer Educational Management Group, Simon and Schuster (New York, NY) was the nation’s largest K-12 electronic publisher in 1997, according to EER’s exclusive annual ranking.
		Number-five Cendant (Torrance, CA), which includes the imprints Davidson and Associates, Knowledge Adventure and Sierra On-Line, captured 5.2% of the market on revenues that rose 10% to $44 million, EER estimates.
		The proposed $22 million will be used to purchase computers and software, according to Frank South, director of human resources and technology at the state education department.
	www.icte.org /eer09169.html (3173 words)

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