July 20, 1994 |
Digital Equipment Corp., struggling to cut costs amid towering losses, has agreed to sell its magnetic disk drive, tape drive, solid-state disk and thin-film heads businesses to Quantum Corp. for about $400 million, the companies said Tuesday. The deal comes a day after the nation's No. 3 computer maker outlined previously announced plans to slash about 20,000 jobs by next July 1 to reach its goal of a 65,000 total head count. Just last week, Maynard, Mass.-based Digital said it would take a $1.
October 20, 1998 |
Irvine-based Western Digital Corp. on Monday reported its biggest quarterly loss ever, a deficit of $194.7 million, which was highlighted by a one-time charge for anticipated increases in warranty costs. The company, the third-largest independent manufacturer of computer disk drives, has been bogged down by a combination of falling prices for desktop computers, softened demand for personal computers and the crisis in Asian economies.
May 31, 1990 |
Western Digital Corp., a personal computer components manufacturer, said Wednesday it has agreed to pay $4 million to Quantum Corp. to settle a 2-year-old patent-infringement lawsuit involving computer hard-disk drive technology. Quantum, a Milpitas disk drive manufacturer, sued Western Digital in May, 1988, claiming the Irvine firm was illegally using technology patented by Quantum for an early generation of computer disk drives and a line of disk drive add-on products.
December 7, 2001
Theater locale--Quantum Theatre Company's production of Julie Marie Myatt's play "The Pink Factor" is playing tonight through Sunday at the Moving Arts Theatre, 1822 Hyperion Ave., Silver Lake. The show has been listed incorrectly as playing at Moving Arts' other venue, the Los Angeles Theatre Center, in Calendar Weekend and in Sunday Calendar.
July 24, 2001 |
Quantum Technologies said it has received contracts from General Motors Corp. to design and develop fuel-storage systems for the auto maker's planned low-pollution vehicles powered by fuel cells. Financial terms weren't disclosed. Under the contracts, Irvine-based Quantum will help GM build fuel-cell cars and trucks, said Eileen Oswald, spokeswoman for Quantum's parent company, Impco Technologies Inc. in Cerritos.
November 9, 2000 |
It isn't easy being green. But in Stuart Spencer's gentle comedy "Resident Alien," produced by the Quantum Theatre Company at the Whitmore-Lindley Theatre, one such hued being finds bad bar lighting and dark nights can disguise this "race" issue, at least for a time. Spencer's theme of two misfits misplaced in the universe isn't really original--one character even mentions a certain "Star Trek" episode with the same basic plot.