Word: amdahl
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Dates: during 1973-1973
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...Allstate Insurance Co.'s private placement division maintained a growth rate of 40% a year during most of the 1960s by making prescient purchases in such companies as Memorex, Teledyne and Control Data. Chicago Financier E.F. ("Ned") Heizer has put his Heizer Corp. into a 32% ownership of Amdahl Corp., a computer maker that has booked $30 million of orders in its first year of production. The biggest hit of all was made by former Harvard Business School Professor Georges F. Doriot, who launched American Research and Development Corp. in 1946 as the nation's first publicly held...