Hewlett unit is moving to France
Article Abstract:
Hewlett-Packard Co (HP) will move its personal computer group from Sunnyvale, CA, to Grenoble, France. The move reflects the growing importance of the European market. Along with the move, HP announces that Jacques A. Clay - currently general manager of the Grenoble personal computer division - is appointed general manager of the personal computer group. Clay succeeds Robert L. Puette, who left HP to become president of Apple Computer's USA division. In other HP news, the company reports that earnings fell in the company's 3rd qtr ended Jul 31, 1990. Earnings were $178 million, or 73 cents a share, down 4.8 percent from $187 million, or 79 cents a share, for the year-earlier period. Revenues were up 8 percent, to $3.24 billion, from $3 billion in the 3rd qtr of FY 1989. Shares in the company dropped $1.875, closing at $35.875 on the New York Stock Exchange.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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Wang adds another to top management
Article Abstract:
Wang Laboratories Inc taps Unisys Corp's Harold S Fischer, 47, to head its major international accounts business. Fischer was formerly president of Unisys' commercial systems division, a $1.1 billion business, and represents the fifth executive added to Wang's management in 1990. Fisher will be responsible for remarketing and alternate-sales distribution planning and will report to Executive Vice-President for Operations Joseph M Tucci. Wang is adding senior management all through 1990 as part of a turnaround effort; Fischer is expected to contribute to the turnaround effort with his skill in global marketing.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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Low-priced work station from Sun
Article Abstract:
Sun Microsystems Inc's Sparcstation SLC workstation uses reduced instruction set computing (RISC), operates at 12.5 million-instructions per second (MIPS) and sells for $4,995 without a disk drive and for $6,695 with a hard disk. The relatively low-priced workstation is expected to compete with microcomputers for major office sales. It is capable of running popular programs such as Lotus 1-2-3 spreadsheet and Wordperfect and is far faster than high-powered microcomputers that operate 5 MIPS. The new workstation is expected to sell well in the software developing and engineering markets.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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