KALEIDA

Kaleida Labs, Inc. in Mountain View, CA (415-966-0400). This is a software/hardware development company (along with the PowerPC and another company called Taligent) funded in a joint venture by Apple Corporation and IBM. The first noteworthy product is the long-delayed ScriptX hypermedia package designed to cross multiple platforms. Kaleida announced a 20% reduction in work force on May 10, 1994. Eventually the project was terminated as a joint venture and work in process was diverted to other projects in both companies. Kaleida is largely viewed by the public as a failed joint venture that did not meet its main goals. (See also Taligent , PowerPC , and ScriptX )