Fallen giant SPC vows to battle on

One-time industry giant Software Publishing Corporation (SPC) said its recent purchase by Allegro New Media won't affect its UK situation. Allegro last week said that it had a definitive agreement to purchase SPC in a stock-for-stock deal. SPC will continue under its own name as a wholly owned subsidiary.

"We see the integration of the two companies as being very complementary," said Nick Kington, European sales and marketing director. "The combined operations will give us double the strength."

Kington said there were no plans to move offices, switch distribution channels or change product plans. "Everything is currently being reviewed and we have sublet some of the (Bracknell, Berks.) building but there isn't office space up for grabs. It's business as usual."

Six years ago, SPC was a top five ISV which dominated the presentation graphics market with its Harvard Graphics product, but the company faded after Microsoft and Lotus slashed prices on application suites.

New Jersey-based Allegro earlier this year bought UK DTP and graphics software vendor Serif.

SPC can be contacted by telephone on 01344-867100.