A.T.&T. reaches out (and grabs everyone); alliances replace self-reliance as the company stakes claims in a new world
Article Abstract:
AT&T is investing in and forming alliances with numerous start-up and established companies in the communications and computer industries to continue its dominance of the US telecommunications market. While the long-distance giant once dominated the market from the inside out by controlling the entire telephone network, it now seeks to manage its development from the outside in by investing some of its $2.04 billion in profits on mid-1993 revenues of $32.03 billion in companies that are changing the face of communications in America. For example, AT&T's consumer products group recently acquired 20 percent of the Sierra Network, an online communications service specializing in interpersonal, interactive computer games. AT&T plans to develop Sierra into a 'cyberspace theme park' through a separate alliance with video-game giant Sega Enterprises. Other investments give AT&T access to emerging cellular, wireless-computing, electronic-messaging, online-video and networked-computer technologies and services.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
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I.B.M. considers sale of plants to Solectron
Article Abstract:
IBM announces that it may sell two circuit-board assembly facilities to Solectron Corp of San Jose, CA. Solectron, which is partly owned by IBM, would supply circuit boards to IBM and would be allowed access to relevant IBM manufacturing technologies. One of the facilities under consideration, which is in Bordeaux, France, manufactures boards for mainframe computers; and the other, which is in Charlotte, NC, makes boards for video-display monitors. The arrangement is said to be part of an overall IBM policy that aims to cut costs and manpower requirements by buying components from outside the company. Solectron is seen as a leading company in contract electronics manufacturing.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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