Legent reported disappointing results for the third quarter ended June 30. Neil Weintraut, an analyst with Hambrech & Quist in San Francisco.
"It takes more than a quarter to implement change of this magnitude," said J. Legent also recently increased its sales staff and reorganized itself into seven business divisions designed to make the company more responsive to the market.īut analysts say it will take time for Legent's new strategy, acquisitions and technologies to boost earnings.
#Total networx inc software#
in Boston - and signed a letter of intent to acquire Networx Inc., a developer of trouble-shooting software in Bellevue, Wash.Īll of the purchases aim to give Legent a wider variety of products. in Lebanon, N.H., and Performance Technologies Inc. The company has taken over two software providers - Corporate Microsystems Inc. Over the past three months, Legent has made several acquisitions designed to support that transition. In response to shifts in the market, Legent is making the transition from helping other companies manage IBM mainframe computer systems to providing products and services that cut across all types of personal computer and mainframe networks. Legent Corp., the largest computer software company in the Washington area, is reinventing itself.
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