Novell Inc., developer of NetWare systems software products, announced Tuesday the acquisition of 100 percent of Toronto-based Indisy Software Inc., a connectivity and electronic messaging software company in which Novell has held a 60 percent interest, on a fully diluted basis, since July 1988.

Effective immediately, Indisy's 42 development, sales and administration employees will be fully integrated with Novell, and Indisy will operate as part of Novell. Financial terms of the acquisition were not disclosed. Indisy President A.L. Frank will continue to work with Novell as a sales and marketing consultant for the immediate future.Indisy is a developer of comprehensive desktop-to-host E-mail applications for the Fortune 500 and government institutions as well as vertical markets such as banking and investment firms. Its primary product is OfficeWare, a LAN and host-based E-mail package that bridges PC LAN platforms and offers connectivity to IBM mainframe environments via IBM's SNA architecture.

OfficeWare is compatible with standard messaging protocols such as MHS and X.400. Indisy has also announced a NetWare Loadable Module version of OfficeWare for the NetWare 386 environment. As such, Indisy's technology complements Novell's MHS-based electronic mail engine and offers added connectivity options into internets and proprietary architectures such as SNA and DECnet.

"Customers have increasingly sophisticated wide-area networking needs, and Indisy's expertise in mainframe connectivity and E-mail product development makes them a valuable addition to the Novell family," said Kanwal Rekhi, Novell executive vice president of product development. "We felt the best way to ensure that these important technologies continue to thrive was to bring Indisy into Novell."

"We're pleased to be joining forces with the world leader in networking systems software," said Indisy's Frank. "We've worked closely with Novell for the last two years, and we look forward to combining our technologies to produce complete E-mail interoperability solutions."