NCR Corp. acquired software concern Ceres Integrated Solutions. The software designed by Ceres is made for business use to analyze buying patterns and market segments. With Ceres addition to the NCR Corp. huge name retailers will have a direct relationship with them. Wal-Mart Stores Inc., Kmart Corp . and Office Depot Inc . are all customers of Ceres and now the NCR Corp. 12. John T. Chambers, fifty year old President and chief executive of Cisco Systems Inc . is expected to become director of Wal-Mart stores.
Cisco is a leader in networking for the Internet.
Cisco connects people with out worrying about time, place or computer type. John A. Cooper Jr. age 62, retired as director. In order for Chambers to be appointed share holders must first approve the appointment. Royal Numico acquired Rexall Sundown Inc . for 1.63 billion. Rexall is the biggest supplier of vitamins.