TrendWatch Blog
Percussion splits off Lotus business
16-May-2007
Percussion Software originally started out as a purveyor of Lotus tools. As its subsequent Web CMS business grew to substantially outstrip the Lotus side, those tools became a sometimes confusing appendage for prospective customers. Earlier this week, Percussion announced that it was splitting off its Lotus products into an entirely separate company called "Axceler." Of course, whenever this happens, one wonders if the company is preparing one part or another for an acquisition. However, over the years Percussion has garnered a reputation of playing hard-to-get when suitors come calling, which doubtless comes as a relief to its own customers. Interestingly, with the recent revivification of IBM's Lotus platform, Percussion's (former) Lotus offerings may be attracting more interest as well.
- Submitted by: Tony Byrne, Analyst
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