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I.B.M. to Buy Software Company for $865 Million (New York Times) - I.B.M. will buy Micromuse Inc., whose software is used to manage Internet-based computing networks that handle voice and video as well as data.

IBM to buy software company Micromuse (Reuters via Yahoo! News) - IBM on Wednesday said it would buy software developer Micromuse Inc. for $865 million, filling a gap in its Tivoli line of software that businesses use to manage large computer networks.

BMC Software Names Solcher Permanent CFO (AP via Yahoo! Finance) - BMC Software Inc., a maker of software used by large corporations to store and recover data and other functions, on Wednesday said Stephen B. Solcher has been given the permanent position of chief financial officer.

Solcher named senior VP and CFO of BMC Software (bizjournals.com via Yahoo! Finance) - BMC Software Inc. announced Wednesday that Stephen B. Solcher has been named the software company's senior vice president and chief financial officer, effective immediately.

Progress Software awards AT&T global networking contract (bizjournals.com via Yahoo! Finance) - AT&T Inc. won a two-year contract with Progress Software Corp. to develop a global Internet Protocol Virtual Private Network that will integrate the company's more than 20 offices in North, Central and South America.

IBM Acquiring Software Maker (CBS News) - IBM has agreed to acquire Micromuse, which makes software that manages video and voice traffic on computer networks. The price is $865 million in cash.

IBM to buy network software company (Sydney Morning Herald) - IBM says it has agreed to acquire Micromuse, which makes software that manages video and voice traffic on computer networks, for about $US865 million ($A1.17 billion) in cash.

Software to sports to security (River Valley Business Report) - After selling both Winnebago Software Co. and Miken Sports in Caledonia, Minn., in the past six years, Jeb Griffith’s entrepreneurial spirit continues.

'High' risk in Symantec antivirus software flaw (ZDNet) - Bug affects most of company's products, including enterprise and home user software, on Windows and Macintosh platforms.

Symantec Antivirus Software Open To Attack (CRN) - A bug in Symantec's line of antivirus software is vulnerable to attack, a prominent security researcher says.