May 28, 1992 |
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.
May 9, 1991 |
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.
January 30, 1991 |
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.