Digital Equipment today will unveil new computer line

Article Abstract:

DEC plans to announce a new line of fault-tolerant computers that industry analysts say will place the number two computer maker into direct competition with market leader Tandem Computers Inc. The market for fault-tolerant systems, which are designed to keep working if a part fails, is growing rapidly. DEC plans to market its machines for use in applications such as branch banking and off-track betting, while Tandem markets its fault-tolerant systems for high-volume processing applications including stock trading and airline reservation systems. Observers note that the new DEC line will be aggressively-priced and will sell to new customers as well as existing ones. DEC is also planning to announce new microcomputers, workstations, a notebook computer and new VAX minicomputers.

Computers, Product development, Digital computers, Digital Equipment Corp., DEC, Strategic Planning, Competition, Fault Tolerance, Fault tolerant computer systems, Fault tolerance (Computers)

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NCR agrees to AT&T takeover for $110 a share, or $7.48 billion; accord ends a battle that raged 5 months; vanquished will rule

Article Abstract:

NCR Corp agrees to a merger with AT&T. The deal is valued at $7.48 billion, or $110 a share. AT&T needs NCR's computer expertise because AT&T has not done well by itself in the computer industry. In fact, AT&T has lost more than $2 billion in its computer operations since 1984. Thus, one of the unusual features of this merger has to do with the fact that even though AT&T initiated the takeover, it will be NCR that will manage the merged computer business. The two companies together employ 328,000 people. NCR reported earnings of $369 million in 1990, on revenue of $6.28 billion. AT&T's computer subsidiary lost about $200 million on revenue of about $1.5 billion.

Computer peripheral equipment, not elsewhere classified, Mergers, acquisitions and divestments, Telecommunications services industry, Telecommunications industry, Telephone companies, T, NCR Corp., NCR, American Telephone and Telegraph Co., Telephone Company, Acquisition, Merger, Takeovers

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