New computers, led by model from IBM, help scientists see
Article Abstract:
IBM introduces an inexpensive supercomputer designed for 'visualization' applications. Some problems, such as the coordination of satellite data about ozone deterioration, present themselves as reams of data that cannot be easily understood unless the data can be rendered pictorially. Some workstations are fast and have good graphics capabilities, but even a high-end workstation product might require hours to produce even one frame of a complex animation of a weather system. IBM's new product, called the Power Visualization System, uses 32 Intel 80860 microprocessors working together. The result is a machine that can perform 2.5 billion floating-point operations a second, which is a speed that is characteristic of supercomputer-class processing. But IBM's product costs $600,000 to $2 million, whereas a supercomputer might cost $20 million.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Buy-out firm seeks purchase of IBM lines
Article Abstract:
Clayton and Dubilier Inc (C&D) and IBM are involved in negotiation for the acquisition by C&D of IBM's low-end office equipment and computer peripherals units. The price of the acquisition of the keyboard, typewriter and other production units is expected to be between $2.5 billion and $3 billion. The sale is in the works because IBM wishes to sharpen its product focus and C&D is continuing its buy-outs. C&D assures IBM that it intends to effectively manage the divisions and is not interested in aggressive layoffs or asset sales. C&D's practice is to let existing management and employees buy up to a 25 percent stake in newly purchased companies. C&D's biggest purchase to date was the $1.16 billion Uniroyal Inc buyout in 1985.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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