Western Digital taps George Bragg for vice chairman

Article Abstract:

George L. Bragg is the new vice chairman of Western Digital Corp, maker of computer disk drives. Bragg's appointment is part of the formation of an office of the chairman and is seen as part of a restructuring of the company. The office of the chairman will consist of Bragg and the chairman of Western Digital, Roger Johnson. The two men worked together in a similar effort at Memorex Corp. Western Digital showed a net loss of $134.2 million for fiscal 1991 and an 8.1 percent drop in revenue from 1.07 billion to $986.2 million. The company blames the losses on a global decrease in demand for desktop computers, shipment delays of the new 2.5 inch disk drive and a sharp decline in prices for their products. It is negotiating with its banks to restructure a $206.5 million debt. Some analysts feel that Mr. Bragg may not be the kind of talent the company needs. His expertise is in accounting and the firm lacks a strong engineering department to develop new products.

Computer storage devices, Officials and employees, Profits, Management, Appointments, resignations and dismissals, Employment, Western Digital Corp., WDC, Computer storage device industry, Financial Analysis Software, Outlook, Market Analysis, Organization Structure, Reorganization, Profit, Promotion of Employee, Financial Stability, Losses, Bragg, George L., Johnson, Roger

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U.S. jury award aids Hayes's effort to get royalties

Article Abstract:

Hayes Microcomputer Products Inc achieves a victory in its struggle to retrieve royalties from other modem manufacturers for a 1981 patent it owns covering an electronic escape sequence that includes a program for switching the modem from receiving to transmitting mode. A jury awards Hayes $3.5 million in damages in a suit the firm brought against Everex Systems Inc, Omnitel Inc and VenTel Inc. Hayes will seek to triple the damages, which currently amount to 1.75 percent of the defendants modem sales since 1985, by claiming the companies willfully violated the patent. The jury award will also stand as a precedent for Hayes's attempts to extract royalties from as many as 150 other manufacturers of modems that use the pirated technology.

Telephone and telegraph apparatus, Computer networks, Cases, Intellectual property, Modems, Modem, Legal Issues, Court Cases, Patent, Hayes Microcomputer Products Inc., Everex Systems Inc., OmniTel Inc., Ven-Tel Inc., EVRX

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