December 22, 1993 |
Novadyne Settles Suit: Novadyne Computer Systems Inc. said it has concluded restructuring negotiations with its original investor groups and various other creditors that "substantially reduce" the company's debts. The company, formerly the computer maintenance and hardware distribution unit of McDonnell Douglas Corp., said it also has settled a dispute with its former parent company and withdrawn the lawsuit it filed earlier this year in the federal court in Los Angeles.
May 8, 1991
Novadyne Computer Systems Inc. said it has signed an agreement with Secure Systems Group Inc. of Irvine in which the two companies will jointly service and repair computers for the Defense Department and other government customers. Under the agreement, Santa Ana-based Novadyne and Secure Systems will provide computer maintenance services for standard computers as wells as hardware designed to meet the Pentagon's Tempest standard for security and performance in hostile environments.
August 14, 1992 |
Trading Places: In an even exchange, Irvine recently gained a company from Santa Ana, and vice versa. BE Aerospace Inc. left its Santa Ana headquarters to take over about 50,000 square feet in an Irvine industrial building. The space was vacated by Novadyne Computer Systems Inc. when the hardware distributor consolidated its operations into a 170,000-square-foot, built-to-suit facility in Santa Ana.
October 26, 1990 |
Novadyne Computer Systems Inc., a computer maintenance and hardware distribution company, said Thursday that it plans to move next year into a new $25-million headquarters here. Novadyne is a former McDonnell Douglas Corp. subsidiary that was spun off as an independent company in a $65-million management buyout in July. The new 170,000-square-foot headquarters will house Novadyne's 400 local employees and will be across the street from its current headquarters on St. Andrews Place. Bert J.