The Software Vendor Formerly Known As Teknekron Logs Big Revenue Growth, Stages A Reorg ... And More
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Busy days at Teknekron Software Systems Inc. The Reuters subsidiary, continuing to behave as if it were not a Reuters subsidiary at all, announced last week that its revenues grew enormously in 1995--by 71 percent or more, depending on whom you talk to. At the same time, Teknekron opted to deliver its earnings report separately from Reuters' own annual event because, among other things, the software house contends that the parent lowballed its own tally of the subsidiary's take. As if all that
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