Segue Software (NASDAQ:SEGU) acquired Black and White Software for 270,000 shares of SEGU in December 1998, B&W supplied a wide range of products for application development and productivity enhancement, including tools for creating object-oriented client/server applications and building applications with dynamic graphics and visual animation for graphical user interface. During 1998, B&W began to focus its efforts on products that diagnose and monitor communications between distributed application objects. B&W had approximately 40 employees at the time of the acquisition.
