IBM is expected to form personal computer unit; new subsidiary would be biggest maker of PCs, include many functions
Article Abstract:
IBM is expected to launch a subsidiary company dedicated to the microcomputer market during Sep 1992. The unnamed company is expected to be announced following the launch of a new line of low-cost microcomputers. IBM has been attempting to divide its large holdings into smaller, more manageable units. The new company is seen by some to be IBM's most visible effort to this end. In addition to production and distribution of microcomputers, the new division is expected to encompass many of IBM's sales and marketing operations. Following three years of separately reported results, IBM will be able to offer stock in the subsidiary to the general public. IBM has faced stiff competition from vendors of low-cost microcomputers, and is hoping to increase efficiency by dividing its operations. IBM employees are expected to be eager to transfer to the subsidiary.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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IBM agrees to purchase software firm; Metaphor is likely to play large role in alliance with Apple Computer
Article Abstract:
IBM agrees to acquire Metaphor Computer Systems Inc, Mountain View, CA, a software company. Metaphor might play a significant role in IBM's recent cooperative agreement with Apple Computer Inc. IBM first invested in Metaphor in 1988 and funded some of its software development projects and marketed some of its products. In 1990, IBM and Metaphor formed a joint venture, called Patriot Partners, to develop 'object oriented' software. IBM has now indicated that at least some of Patriot Partners' resources will be allocated to a joint venture that is planned by IBM and Apple. Some observers speculate that Patriot Partners will be folded into a group at Apple that is working on advanced systems software.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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D&B to acquire software maker for $333 million
Article Abstract:
Dun & Bradstreet (D&B) Corp agrees to acquire Management Science America Inc for $333 million. D&B will pay $18.50 a share for Management Science shares outstanding, which is a substantial premium over Management Science's recent trading range of $10 to $11 a share. Management Science's stock rose $6 a share to close at $18.125 on Nov 20, 1989; D&B shares closed down 62.5 cents, at $42.25. D&B plans to merge Management Science with its McCormack & Dodge software subsidiary, forming a new organization to be called Dun & Bradstreet Software Services.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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