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Lossmaking Internet security software ma...
25/04/2002
Lossmaking Internet security software maker, Baltimore Technologies, will decide in three to six months whether to put the company up for sale or not. So far, about 450 jobs have been cut with a further 50 to go. Chief Executive Bijan Khezrei stated that Baltimore made the mistake of diversifying into the provision of services and businesses outside security software - Baltimore has now divested these non-core businesses.
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