Business Services Industry

IXI lands big sale to Schwab. (Charles Schwab and Co.) (Market Watch)

Software Industry Report, April, 1994

IXI LANDS BIG SALE TO SCHWAB... Santa Cruz Operation subsidiary IXI Corp., a provider of UNIX graphical interface software, has just sold 7,000 licenses to popular discount brokerage firm Charles Schwab and Co. Inc. IXI says its softsware is part of a new corporate-wide information system Schwab is building to issue over-the-phone quotes.

The look and feel of the trading systems at Schwab will be based upon IXI Motif, X. desktop and Deskworks, "resulting in a fail-safe, easy to-use, point-and-click interface for traders, brokers, and other customer service personnel," IXI says.

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