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In Business This Week
IBM AND APPLE: WIDER TALKS
After a brief hiatus and a change of venue, Apple Computer and IBM got back to the table on June 29--and promptly expanded their discussions. They have worked out the preliminary terms of a deal that has them sharing microprocessor and software technologies. Now, say people with knowledge of the talks, the two are discussing co-development of a desktop workstation, a wireless network, and multimedia projects--the integration of video and sound with computer data. The multimedia exchange could alienate Sony, which has been working with Apple.
The talks were temporarily halted on June 25. During the break, hundreds of executives from both companies moved from IBM country in Austin, Tex., to Apple's home base of Cupertino, Calif. The deal, or parts of it, could be announced any day, those close to the two companies report.EDITED BY HARRIS COLLINGWOOD