Word: ibm
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Dates: during 1990-1999
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...disk-drive controls and fiber-optic communications. Sales surged about 50% last year, including a 90% increase in Japan and a 110% jump in Europe. AT&T's computer business is in the black and ranks No. 7 in sales, coming up fast behind such world-class firms as IBM, Fujitsu and Hewlett-Packard...
...sudden success of the microelectronics division is just one sign of the emergence of a new AT&T. While many large corporations such as IBM and General Motors are struggling to remake themselves, AT&T has apparently pulled off one of the most remarkable makeovers in U.S. corporate history. Although traditional long-distance service still accounts for 62% of its revenues, AT&T is no longer just a telephone company. Through acquisitions and homegrown start-ups, it has transformed itself into one of the most powerful -- and feared -- players in information technology...
Previous computer-telephone mergers, such as IBM-Rolm, have been unsuccessful, but AT&T has managed to integrate the two businesses. In fact, there are now some 250 ongoing projects involving NCR and AT&T units, focusing on such crucial areas as messaging, network computing, wireless communications and desktop video. The merged companies, for instance, are developing a cash machine that identifies customers by voice rather than by a numerical code punched on a keypad. NCR has been given the key to the famed Bell Laboratories research center. Says Stead: "It's like a kid being let loose...
...muscle. The company he co- founded, Microsoft, accounts for nearly 40% of the PC software industry's revenues of $8 billion and commands 90% of the crucial market for system- control software. Microsoft's disk operating system, known as MS-DOS, is now installed on about 60 million IBM-compatible personal computers, or 75% of all the PCs in the world. Competitors claim Microsoft abuses its market power, but the company was cleared of all antitrust charges in a Federal Trade Commission probe in February. Last week a federal judge dismissed Apple's $5.5 billion copyright-infringement lawsuit against Microsoft...
...deal with Carolco, the foundering little movie studio, to show big-deal movies on pay-per-view television before they are released to theaters -- a heretical idea that was instantly condemned by the show-business establishment, including Blockbuster Entertainment. But within days, < Blockbuster announced its own deal, with IBM, to develop a system of in-store CD manufacture under which CDs would be recorded as customers asked for them -- a heretical idea that was instantly condemned by the music industry. Now Macy's (the 135-year-old department store) has announced its deal with Don Hewitt (the 70-year...