Word: makers
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Dates: during 1980-1989
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...data and telephone communications mainly for large corporations. The operation, however, has not been successful, losing $1.3 billion in the past eleven years. IBM eventually bought out Aetna and Comsat. Despite that setback, IBM has continued to push ahead into telecommunications. Last year it bought Rolm, the third-largest maker of telephone switching equipment, for $1.2 billion. IBM and Merrill Lynch have created International MarketNet, a service that supplies information to the financial community. And IBM has joined Sears and CBS in a venture called Trintex, a two-way videotex service for home computers...
...become still more competitive with IBM in its backyard of computers, the telephone company is expected by industry analysts to go shopping for a major acquisition of its own. Among the most frequently discussed possible targets are several prominent data-processing firms. They include Digital Equipment, the second-largest maker of computers, and Amdahl, a manufacturer of mainframe machines...
...group also includes a film-maker, two poets, a physicist, and two anthropologists. The fellows receive stipends from Harvard and other institutions toward study and living expenses during the year they spent at the Institute...
...Exchange Commission last week accused Price Waterhouse, one of the nation's oldest and most prestigious auditors, of not doing its job. As part of a crackdown on financial fraud, the agency charged that the company had winked at errors in the 1980 financial statements of AM International, a maker of copiers and other graphics equipment. AM entered bankruptcy proceedings in 1982 and was reorganized and emerged in 1984. It earned $67 million in its most recent fis- cal year...
Last week's layoffs were handled with some of the same generosity that marked Apple's employee relations during its high-growth years. Instead of issuing a single terse announcement to all workers, Apple supervisors individually informed many of those who were being let go. The computer maker also opened a placement center and staffed it with newly hired consultants. Free for all resume writers: use of Apple's Macintosh computers and high- quality printers...