Article Abstract:
Wang Laboratories is planning to redirect its efforts towards the electronic-imaging market and to move its customer base to a new industry-standard computing environment. Richard W. Miller, the company's chief executive, says that Wang will no longer attempt to compete for market share on the companywide computer network or large corporate computer systems level. Instead, the company plans to concentrate on the departmental and small work-group niche. The company has already announced that it plans to develop products using an open system design based on the Unix operating system and is planning to license a computer design from MIPS Computer. Wang's success had hinged upon its calculator, word processor and minicomputer products, but the advent of the microcomputer has decimated the market for all three products.
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Article Abstract:
Following the joint establishment of the Moscow Center of Sparc Technology, Sun Microsystems' Sunpro subsidiary announces a cooperative agreement with Russian computer experts to develop software for Sun's workstations. The six-month contract with a team of 33 Russian software engineers led by supercomputing expert Boris Babayan is expected to yield commercial applications within 12 to 18 months. The Russian programmers have started to create software development tools that offer improved performance over existing products, according to Sun. The amount of the contract was not disclosed. Babayan, however, said that only about 35 percent of the amount will go to the programmers because of Russia's high taxes. US export controls are also creating problems.
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Wang Laboratories Inc announces that the United States Department of State has awarded the firm a $841.3 million contract to supply and service midrange and desktop computers. The announcement by Wang is one of the first pieces of good news to come from the financially troubled firm in several years. Wang describes the five-year contract as its biggest ever, saying it calls for the firm to supply microcomputers, network equipment, midrange computer systems, communications equipment, technical support and training. Wang's stock jumped $1.125 on the news to close at $4.50 on Aug 21, 1990. Wang projects it will see a profit in FY 1991.
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