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Alteon to acquire Bluetail, inventor of Erlang

August 29, 2000 (8:00:00 AM) - 9 years, 3 months ago

California-based Alteon WebSystems Inc. agreed Monday to acquire Swedish software manufacturer Bluetail AB for $152 million in stock. Stockholm-based Bluetail's engineers are credited with the invention of Erlang, a programming language used to develop a variety of different applications that run on the UNIX operating system, The Associated Press reported.