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IBM is seeking to sell its printer business

Article Abstract:

IBM is trying to sell its Printing Systems printing subsidiary that insiders said could command at least $2 billion. The move illustrates IBM's new strategy of emphasizing the bottom line over image and tradition. Officials are seeking more efficiency from businesses, particularly in hardware, where the company can purchase products from vendors that hold sizable economies of scale. Printing Systems creates about $2 billion in annual revenue, according to analysts. The division, which sells huge printers designed for producing statements such as credit-card bills, represents a modest business that cannot compete with IBM's computer services in driving future company growth. IBM ranked eighth in the $8.3 billion 1997 US printer sales market, according to Dataquest, as its sales declined 27% from $285 million in 1996 to $207 million in 1997.

Computer peripheral equipment, not elsewhere classified, Other Computer Peripheral Equipment Manufacturing, Computer Input-Output Eqp NEC, Mergers, acquisitions and divestments, IBM, Computer peripherals industry, Printers (Equipment), Divestiture, Company organization, Divestment, IBM Printing Systems Co.

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Amdahl to announce mainframe units that will trim IBM speed-lead period

Article Abstract:

A new generation of mainframes that are being introduced by Amdahl Corp. will take the speed lead from International Business Machines Corp. The upcoming summer announcement by IBM, the current market leader in the fastest mainframes, may be eclipsed by Amdahl's introduction of its new, faster mainframes a few months later. IBM will launch its fifth-generation System 390 G5 models in August while Amdahl will introduce its Millenium 800 series in January 1999. IBM has about a 67% share of the global mainframe market compared with Amdahl's 10% share.

Comment:

IBM will introduce its new generation of the fastest mainframes in August ahead of rival Amdahl

United States, Electronic Computer Manufacturing, Computers & Auxiliary Equip, Product introduction, Company Planning/Goals, Amdahl Corp., Article

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