Word: fujitsu
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...Just a few years ago, IBM dominated its Japanese rivals so completely that Tokyo experts quipped, "When IBM sneezes, Japanese computer makers are blown away." No longer. Last week Fujitsu, Japan's largest computer company, unveiled what it called the highest-performance general-purpose computer in the world. The timing of the announcement stole thunder from IBM, which the next day introduced its own new generation of mainframe machines. IBM touted the new computers as its most important roll-out in 25 years...
...head-to-head battle pits IBM's reputation for reliability against the raw number-crunching power of the Fujitsu machines. Fujitsu said its largest new computer can perform up to 600 million instructions per second, vs. an estimated 210 MIPS for IBM. But U.S. experts noted that corporations tend to be more interested in access to a wide range of software -- a traditional strong point of IBM systems -- than in high speeds...
...takeover will vault Fujitsu past the U.S.'s Digital Equipment to become the world's second ranking computer maker. For the first time, a Japanese technology company will control a major position on the Continent, just in time for the integration of the European market in 1992. Though no E.C. official has spoken against the takeover, strong opposition may soon be heard. Says Tim Marrable, who follows the computer industry for Kleinwort Benson in Tokyo: "You can more or less expect France to come out and accuse Britain of bringing another Japanese Trojan horse into Europe." Analysts anticipate a heated...
...blunt such objections, Takuma Yamamoto, Fujitsu's chairman, announced that ICL intends to keep its current management. Fujitsu also plans to issue ICL shares on the London Stock Exchange within the next five years. Still, since the mainframe industry has become an increasingly competitive, slow- growing business, Fujitsu probably looks to ICL for something other than its capacity to simply churn out machines. Katsumi Tsuzura, an analyst for Japan's LTCB Research Institute, suggests that ICL's strongest attraction is its "established brand name in Europe...
...Fujitsu moves to seize a greater market share in Europe, it is likely to move cautiously, though surefootedly. No one appreciates that threat more than...