IBM to resell PC server made by small firm
Article Abstract:
IBM announces its intention to act as a reseller for a powerful file server manufactured by Parallan Computer Inc. The file server, the Parallan Computer Server 295, is valued in the $100,000 range and is designed to store and retrieve corporate data in a workgroup environment. The plan, which involves minority investment in Parallan Computer, is part of an aggressive marketing strategy by IBM. Other recent moves include the sale of IBM microcomputers through the mail and via 800 numbers, and the resale of laptop computers manufactured by Groupe Bull's Zenith Data Systems. IBM is attempting to counter revenue losses of about 10 percent in the 1st qtr of 1992. Industry analysts stress the danger that IBM will place its own minicomputer business at risk by moving into high-end file servers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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IBM formally names Gerstner CEO; his turnaround strategy isn't yet set
Article Abstract:
IBM formally announces the appointment of Louis V. Gerstner Jr, Chmn and CEO on Mar 26, 1993, effective Apr 1. Gerstner says he has no turnaround plan for the trouble-plagued computer giant and has not met with any IBM senior executive, but promises that he will do too much rather than too little. Gerstner, 51, is the first IBM CEO hired from outside the company. The former McKinsey and Co consultant, Pres of American Express Co and Chmn of RJR Nabisco Inc, offers few clues on his strategy for IBM, including decentralizing decision-making and getting closer to customers. Gerstner would not rule out breaking up IBM, which has seen its stock lose half its value since early 1992, closing at $51.375 on Mar 26. Gerstner replaces John Akers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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'Prodigy' headquarters offered peeks into users' private files
Article Abstract:
The Prodigy computer service, a joint venture of IBM and Sears, Roebuck & Co, has a flaw that allows Prodigy's headquarters to see into users' computer files. Only 'random snippets' of microcomputer files apparently are involved, such bits and pieces being copied to files that Prodigy subscribers use for accessing the system. Prodigy officials confirm that the problem exists, but they say they do not look at such information and have no interest in doing so. Nevertheless, some of Prodigy's customers are anxious about the security of their data, and in the larger sense, the problem points up security risks that could constitute a social problem as the nation proceeds to build networks of microcomputers connected by telephone networks.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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