Advertisement
 
YOU ARE HERE: LAT HomeCollectionsDefinicon International Corp
IN THE NEWS

Definicon International Corp

FEATURED ARTICLES
BUSINESS
March 6, 1993 | GREG JOHNSON, TIMES STAFF WRITER
Helionetics Inc. is considering bankruptcy proceedings for its long-troubled Definicon International Corp. operation, the company said Friday. Definicon has about a dozen employees in Hawaii, Virginia and the District of Columbia, a Helionetics spokesman said. It has none in Irvine, where the parent company is based. Helionetics has yet to determine whether Definicon would be reorganized or if its assets would be sold off, the spokesman said.
ARTICLES BY DATE
BUSINESS
March 6, 1993 | GREG JOHNSON, TIMES STAFF WRITER
Helionetics Inc. is considering bankruptcy proceedings for its long-troubled Definicon International Corp. operation, the company said Friday. Definicon has about a dozen employees in Hawaii, Virginia and the District of Columbia, a Helionetics spokesman said. It has none in Irvine, where the parent company is based. Helionetics has yet to determine whether Definicon would be reorganized or if its assets would be sold off, the spokesman said.
Advertisement
BUSINESS
November 27, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
The former president of Definicon International Corp. has sued the electronics firm and its majority owner, Bernard B. Katz, for wrongful termination, alleging that he was fired after he spoke out about financial irregularities at Definicon and its parent company. The suit was filed Nov. 15 in Orange County Superior Court in Santa Ana by John S. Abram, former president and chief operating officer of Definicon, a computer company that was acquired by Helionetics Inc. last year.
BUSINESS
November 27, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
The former president of Definicon International Corp. has sued the electronics firm and its majority owner, Bernard B. Katz, for wrongful termination, alleging that he was fired after he spoke out about financial irregularities at Definicon and its parent company. The suit was filed Nov. 15 in Orange County Superior Court in Santa Ana by John S. Abram, former president and chief operating officer of Definicon, a computer company that was acquired by Helionetics Inc. last year.
BUSINESS
June 6, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
A bit of merger mania surfaced Tuesday in Orange County. Four high-technology companies--Helionetics, Printrak, CAM Data and Hart Industries--made announcements relating to merger completions or buyout proposals. The largest transaction involved Irvine-based defense contractor Helionetics Inc., which said it had completed its acquisition of larger Definicon International Corp. The deal involved an exchange for 1.8 million shares of Helionetics stock. Helionetics, with annual sales of $12.
BUSINESS
February 13, 1990 | JONATHAN WEBER, TIMES STAFF WRITER
Helionetics Inc. announced Monday that it had signed a letter of intent to acquire Definicon International Corp. of Newbury Park for about $12.5 million in stock. Charles W. Jobbins, Helionetics chairman and chief executive, said the merged companies will be called Helionetics International, and Vincent P. Williams, currently chief executive of Definicon, will be the new company's president and chief executive.
BUSINESS
August 22, 1989
Definicon International Corp., a Newbury Park-based maker of components for IBM computers, said it plans to sell 1.5 million common share units for $3 each in an initial public offering. The company said in a filing with the Securities and Exchange Commission that the $3.57 million in net proceeds it expects from the offering would be used to establish a European headquarters, repay debt and provide additional working capital.
BUSINESS
April 12, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Faced with a cash shortage that forced layoffs and other cutbacks, defense contractor Helionetics Inc. reported an after-tax loss from operations of $386,000 on revenue of $2.3 million for its fourth quarter ended Dec. 31. The fourth-quarter loss compares to a loss of $171,000 on revenue of $1.6 million a year ago. Helionetics said the loss will carry over into its first quarter, which ended March 31.
BUSINESS
November 29, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Helionetics Inc., the computer and military products company, has shut down an Anaheim subsidiary that was suspended from doing business with the federal government earlier this year, according to a company filing with the Securities and Exchange Commission.
BUSINESS
June 6, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
A bit of merger mania surfaced Tuesday in Orange County. Four high-technology companies--Helionetics, Printrak, CAM Data and Hart Industries--made announcements relating to merger completions or buyout proposals. The largest transaction involved Irvine-based defense contractor Helionetics Inc., which said it had completed its acquisition of larger Definicon International Corp. The deal involved an exchange for 1.8 million shares of Helionetics stock. Helionetics, with annual sales of $12.
BUSINESS
February 13, 1990 | JONATHAN WEBER, TIMES STAFF WRITER
Helionetics Inc. announced Monday that it had signed a letter of intent to acquire Definicon International Corp. of Newbury Park for about $12.5 million in stock. Charles W. Jobbins, Helionetics chairman and chief executive, said the merged companies will be called Helionetics International, and Vincent P. Williams, currently chief executive of Definicon, will be the new company's president and chief executive.
BUSINESS
June 25, 1990 | CRISTINA LEE, TIMES STAFF WRITER
Helionetics Inc., a small Irvine defense electronics company, and a Chinese computer maker are expected to sign a joint venture agreement today to manufacture high-powered personal computers known as workstations in China. The Shenyang Shenlong Computer Systems Co. will be 50% owned by Helionetics and 50% owned by North Computer Applications and Development Corp. in the northeastern Chinese city of Shenyang.
BUSINESS
November 29, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Helionetics Inc., the computer and military products company, has shut down an Anaheim subsidiary that was suspended from doing business with the federal government earlier this year, according to a company filing with the Securities and Exchange Commission.
Los Angeles Times Articles
|