Companies established in 1951

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Source: Wikipedia. Pages: 54. Chapters: Valmet, Jack in the Box, Wang Laboratories, Tokyo Electric Power Company, ShopRite, Tetra Pak, Iron Mountain Incorporated, Kanesue, Circle K, Pannonia Film Studio, Caldor, U.M.&M. T.V. Corp., AAR Corporation, The Hat,... Viac o knihe

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Source: Wikipedia. Pages: 54. Chapters: Valmet, Jack in the Box, Wang Laboratories, Tokyo Electric Power Company, ShopRite, Tetra Pak, Iron Mountain Incorporated, Kanesue, Circle K, Pannonia Film Studio, Caldor, U.M.&M. T.V. Corp., AAR Corporation, The Hat, MacMillan Bloedel, TransCanada Corp., URS Corp., Scott Wilson Group, SRT Communications, Island Savings, St-Hubert, Grove Press, Max Mara, Mark VII Limited, Redstone Federal Credit Union, Suspa, Snelling Staffing Services, PAMS, APBA, Scientific Atlanta, Inner Mongolia People's Publishing House, Intra Bank, Chubu Electric Power, Ceriani, Sidel, Nishat Group, Gifford, Globe Life And Accident Insurance Company, Hornbacher's, Hitachi Construction Machinery, Stemcor, Joyces 365, Bosnalijek, Levy-Gardner-Laven, Bick's Pickle, American Benefit Plan Administrators, Hinshaw's, Sanders Associates, Howco, Rigaku, Merryland Studio, Sencore, De Haan's Bus & Coach, Hill and Stewart, Trondheim Bilruter, Ashley-Famous, Kyushu Electric Power, Angle Ring, Egmont Ehapa, Foster Hewitt Broadcasting, National Mutual Insurance Federation of Agricultural Cooperatives, DSK Bank, Wonderland Music Company, The Senshu Bank, Kyeongnam Constructions Company, Kiepenheuer & Witsch, Nippon Shinpan. Excerpt: Wang Laboratories was a computer company founded in 1951 by Dr. An Wang and Dr. G. Y. Chu. The company was successively headquartered in Cambridge (1954-1963), Tewksbury (1963-1976), and finally in Lowell, Massachusetts (1976-1997). At its peak in the 1980s, Wang Laboratories had annual revenues of $3 billion and employed over 33,000 people. The company was always directed by Dr. Wang, who played a personal role in setting business strategy and product strategy; he also took steps to ensure that the Wang family would retain control of the company even after going public. He created a second class of stock, class B, with higher dividends, but only one-tenth the voting power of class C. The public mostly bought class B shares; the Wang family retained most of the class C shares. (The letters B and C were used to ensure that brokerages would fill any Wang stock orders with class B shares unless class C was specifically requested). Wang stock had been listed in the New York Stock Exchange, but this maneuver was not quite acceptable under NYSE's rules, and Wang was forced to delist with NYSE and relist on the more liberal American Stock Exchange. Under his direction, the company went through several distinct transitions between different product lines. Wang Laboratories filed for bankruptcy protection in August 1992. After emerging from bankruptcy, the company eventually changed its name to Wang Global. In 1999, Wang Global was acquired by Getronics of The Netherlands. The company's first major project was the Linasec in 1964. It was an electronic special purpose computer, designed to justify papertape for use on automated Linotype machines. It was developed under contract to Compugraphic, who manufactured phototypesetters. Compugraphic retained the rights to manufacture the Linasec without royalty. They exercised these rights, effectively forcing Wang out of the market. The Wang LOCI-2 (an earlier LOCI-1 was not a real product) was introduced in 1965 and was probably th

  • Vydavateľstvo: Chronicle Books
  • Formát: Paperback
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  • ISBN: 9781156118702

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