I.B.M. - Apple venture names its executives and directors

Article Abstract:

Apple and IBM's joint venture, Taligent Inc, is completing its list of senior management executives and board members. Joseph M. Guglielmi, a vice president at IBM, will become chairman and chief executive, while several Apple employees will become Taligent executives reporting to him. Edward W. Birss, senior vice president and general manager of the Object-Based Systems division at Apple will become chief operating officer. Taligent hopes to develop new operating system software for microcomputers that uses object-oriented technology. Many of the 170 Taligent employees have been working on a new operating system which has been dubbed 'Pink.' Taligent will open for business on March 2, 1992 and employees will temporarily reside at Apple in Cupertino, California.

Computers, peripherals & software, AAPL, Ethical aspects, Technology transfer, Apple Inc., Strategic Planning, Personnel Management, New Company, Promotion of Employee, Guglielmi, Joseph M., Birss, Edward W.

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Metaphor chief hired by I.B.M

Article Abstract:

IBM has appointed David E. Liddle, formerly with Metaphor Computer Systems Inc, as IBM's vice president for new systems development, a newly created position. Observers had expected that Liddle would head the joint software-development venture that has been arranged between IBM and Apple Computer Inc. Liddle says he asked that he not be considered for the joint venture, named Taligent. He says he does not want to join the organization at so late a stage of its development. Liddle will work instead to explore possible alliances with various software companies. He will also complete the work of reassigning staff from Patriot Partners, an IBM-Metaphor joint venture that is now closed.

Computer programming services, Management, Chief executive officers, New Appointment, Metaphor Computer Systems, Patriot Partners, Liddle, David E.

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I.B.M. in deal to shed its typewriter unit

Article Abstract:

IBM has finalized a deal that will spin off its typewriter, keyboard and personal printer units into a new subsidiary. The leveraged buyout firm Clayton and Dubilier will become the primary owner of the new unit. The value of the deal is put at between $2 billion and $2.5 billion. The move is part of IBM's evolution, says a company spokesman; the firm wants to concentrate its resources on the computer aspects of its business. Clayton and Dubilier claim the typewriter business is still profitable, and that by devoting more resources to the business, sales can be increased.

Office equipment and supplies industry, Mergers, acquisitions and divestments, Divestiture, Spinoffs (Corporate), Divestment, Typewriter, Acquisition, Spinoff Company, Clayton & Dubilier Inc.

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