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CALIFORNIA | LOCAL
August 23, 2006 | From the Associated Press
William Norris, who founded Control Data Corp. and helped put Minnesota on the high-tech map during the last half of the 20th century, has died. He was 95. Norris died Monday in a Bloomington nursing home after a long battle with Parkinson's disease, said his son Roger. "His mind was always very, very clear up to the end," his son said. "His body just gave out before his mind did." Norris co-founded Engineering Research Associates in St. Paul in 1946.
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BUSINESS
November 15, 1988 | From Reuters
Control Data Corp. reported Monday that it may post a fourth-quarter loss that could wipe out its profit for the year. The Minneapolis-based computer hardware and services company said it expected a fourth-quarter loss nearly equal to its $14.5-million profit for the first nine months of 1988, yielding about break-even earnings for the year.
BUSINESS
March 6, 1997 | Times Staff and Wire Reports
Ceridian Corp. and Control Data Systems Inc. will pay $28.5 million to settle age discrimination charges by more than 300 former employees. Both companies were created out of the former Control Data Corp., which cut 10,000 employees from 1983 to 1990 as it sold or closed many of its businesses. Neither company admitted wrongdoing. . . . The president of Chicago-based CNA Financial Corp.'s life insurance unit resigned after he was accused of making offensive comments to two female employees. . .
BUSINESS
May 8, 1988 | JAMES FLANIGAN
Takeover rumors about Control Data Corp. surfaced again last week--this time that the Belzbergs of Canada were buying into the Minneapolis maker of large computers. But there was no confirmation from anybody, and most analysts thought the latest rumor would prove as insubstantial as others about Control Data in recent years. "The last one was spread by stock traders stirring the pot," says analyst Don Young of the Sanford C. Bernstein research firm.
CALIFORNIA | LOCAL
August 23, 2006 | From the Associated Press
William Norris, who founded Control Data Corp. and helped put Minnesota on the high-tech map during the last half of the 20th century, has died. He was 95. Norris died Monday in a Bloomington nursing home after a long battle with Parkinson's disease, said his son Roger. "His mind was always very, very clear up to the end," his son said. "His body just gave out before his mind did." Norris co-founded Engineering Research Associates in St. Paul in 1946.
BUSINESS
May 28, 1992 | From Associated Press
Control Data Corp. said Wednesday that it will complete its transformation from an old-line computer maker to a computer services firm by splitting itself in two. The company said it will spin off its computer operation as an independent company while the remaining Control Data Corp., based in Minneapolis, will rename itself Ceridian Corp., effective June 1.
BUSINESS
May 9, 1991 | From a Times Staff Writer
A Control Data Corp. unit has signed a 10-year lease worth $4.6 million for 17,500 square feet at the South Coast Metro Pointe office park off the San Diego Freeway. Control Data's business management services division said it will move 52 employees into the building at 959 South Coast Drive. The developer is Arnel Development Co. in Costa Mesa. The Control Data unit keeps track of business customers' payroll and taxes, and supplies an employee assistance program to customers.
BUSINESS
January 30, 1991 | From Times Wire Services
Unisys Corp. and Control Data Corp., among the nation's leading computer makers, Tuesday reported losses for the final quarter of 1990. Commodore International Ltd., however, reported that its quarterly earnings more than tripled, thanks to strong sales in Europe. Unisys The Blue Bell, Pa.-based firm said it lost $88.5 million in the fourth quarter, contrasted with a profit of $34 million in the 1989 period. Revenue in the period was $2.93 billion, down slightly from $2.97 billion a year ago.
BUSINESS
June 9, 1988 | Associated Press
The Indian government has signed a new agreement with Control Data Corp. for the manufacture in India of the company's mainframe Cyber 930 computer, the United News of India reported. The news agency said the agreement was signed by K. P. P. Nambiar, secretary of the Department of Electronics, during a recent visit to the United States. CDC is headquartered in Minneapolis. India earlier negotiated agreements to manufacture Control Data's Cyber 180-810 model and 830 model.
BUSINESS
January 30, 1990 | From Times Wire Services
Control Data Corp. today reported losses of $196 million for the fourth quarter and $680 million for last year, the worst annual performance in the computer maker's 32-year history. Lawrence Perlman, Control Data's president and chief executive officer, has said 1989 marks the end of a six-year restructuring that has included $1.4 billion in write-offs. For the October-December quarter, Control Data lost $4.63 a share on revenue of $524 million. That compared with a net loss of $12.
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