Research venture creates unit that can earn profit
Article Abstract:
Advanced Network and Services Inc, a nonprofit company started with $10 million of donations from IBM and MCI Communications Corp, will start a for-profit subsidiary called ANSCO+RE Systems Inc, which will offer computer network services to commercial customers and research institutions. The network that will be used is Internet, which is a national data network originally developed by the National Science Foundation. Advanced Network and Services took over the contract for NSFnet, which administers Internet, in 1990, developing new technology with the purpose of deploying a high-speed network throughout the US. Overall, the aim is to improve the nation's international competitiveness and develop new computer communications technologies.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
Digital planning sales venture in Hungary
Article Abstract:
Digital Equipment Corp (DEC) plans a joint venture to create a Hungarian company that will sell and service DEC's computers. DEC will invest several millions of dollars in the company, which will be called Digital Equipment (Hungary) Ltd. DEC will own 51 percent of the unit, and two Hungarian state-owned engineering organizations - the Central Research Institute for Physics of the Hungarian Academy of Sciences; and Szamilk, a software developer - will share the rest. Eastern European countries lag behind Western Europe, Japan and the US in computer technology. A DEC spokesman acknowledges that American companies can only speculate on how quickly an Eastern European market for computers can develop.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
Digital finally follows a trend
Article Abstract:
DEC announced, at the 1990 DEC World trade show, that the company is offering client-server computing because of what some analysts see as an effort to take advantage of the current trend in the computer industry. Client-server computing, also known as distributed or network computing, does away with a single, central mainframe or minicomputer and strings together workstations, microcomputers and larger server computers through a local area network. Many analysts believe client-server computing to be the wave of the future but DEC has been hesitant to offer it to its customers. DEC's stock closed at $84.875 a share on Jul 13, 1990, and was up 87.5 cents for the week.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hewlett-Packard puts out the recycling box. PC vintage: full-bodied, mellow price. All used up with someplace to go; at long last, computer recycling efforts are taking off, giving users yet another excuse to upgrade
- Abstracts: Mechanics deal puts union on map. Airlines lobby for $24 billion bailout
- Abstracts: Apple promotes European unit chief in realignment. Apple official says he will leave. Apple Computer loses one of its pioneers
- Abstracts: Computer intruder gets probation and fine but avoids prison term. Student found guilty in computer jamming
- Abstracts: 4 major phone companies report increased profits. United Telecom falls 55% and stock plunges; GTE gains. GTE profits up 20.2 percent; United Telecom down