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Megahertz Holding Corp

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October 20, 1994 | From Times Staff and Wire Reports
Modem Makers to Merge: U.S. Robotics Inc. and Megahertz Holding Corp., leading makers of personal computer modems, agreed to merge in a stock transaction valued at $213 million. The deal blends U.S. Robotics' strength in desktop modems with Megahertz's power as the No. 1 maker of credit card-sized modems for portable computers. Projected revenue next year is $650 million. Megahertz will become a subsidiary of Skokie, Ill.-based U.S. Robotics but will maintain its operation in Salt Lake City.
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BUSINESS
October 20, 1994 | From Times Staff and Wire Reports
Modem Makers to Merge: U.S. Robotics Inc. and Megahertz Holding Corp., leading makers of personal computer modems, agreed to merge in a stock transaction valued at $213 million. The deal blends U.S. Robotics' strength in desktop modems with Megahertz's power as the No. 1 maker of credit card-sized modems for portable computers. Projected revenue next year is $650 million. Megahertz will become a subsidiary of Skokie, Ill.-based U.S. Robotics but will maintain its operation in Salt Lake City.
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