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BUSINESS
March 11, 1987
Richard H. Mattern Jr. has been named vice president-marketing of ROLM Corp., Santa Clara, a subsidiary of IBM.
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BUSINESS
March 12, 1990 | From United Press International
Law Firm Sues Rolm Over Phone Service: The law firm Hill, Wynne Troop & Meisinger filed suit in Los Angeles Superior Court Monday against the Rolm Co. and others involved in designing the firm's Wilshire Boulevard office space. The suit seeks damages for a March, 1989, incident in which the company's phone system was knocked out by a malfunction in the building's electrical power supply. (Filed March 5; Case No. C754109)
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BUSINESS
April 9, 1987
International Business Machines Corp. said Wednesday that the president of its Rolm Corp. subsidiary has resigned. IBM stressed, however, that the move is not related to last month's reorganization of the telecommunications unit, which merged Rolm's sales and service organizations into its own marketing group. A Rolm spokeswoman said Dennis Paboojian decided to step down for personal reasons and will remain at IBM as a consultant. "He wanted to take some personal time off," she said.
BUSINESS
December 14, 1988 | CARLA LAZZARESCHI, Times Staff Writer
IBM said Tuesday it is unloading its money-losing Rolm telephone equipment operations, which it bought four years ago amid much fanfare about the growing need to marry computer and telephone technology. At a New York news conference, IBM said it will sell a portion of Rolm to West Germany's Siemens AG and put the rest of the business into a joint venture with Siemens.
BUSINESS
March 12, 1990 | From United Press International
Law Firm Sues Rolm Over Phone Service: The law firm Hill, Wynne Troop & Meisinger filed suit in Los Angeles Superior Court Monday against the Rolm Co. and others involved in designing the firm's Wilshire Boulevard office space. The suit seeks damages for a March, 1989, incident in which the company's phone system was knocked out by a malfunction in the building's electrical power supply. (Filed March 5; Case No. C754109)
BUSINESS
December 13, 1988 | CARLA LAZZARESCHI, Times Staff Writer
International Business Machines is expected to announce today that it is selling all or part of its money-losing Rolm telephone equipment subsidiary, possibly to West Germany's Siemens AG, analysts said Monday. The pending deal was widely viewed as a clear indication of IBM's disappointment at the performance of Rolm, a Silicon Valley telecommunications manufacturer that IBM bought with great fanfare in 1985 for $1.5 billion. Since then, analysts estimate, IBM has lost as much as $500 million.
BUSINESS
December 14, 1988 | CARLA LAZZARESCHI, Times Staff Writer
IBM said Tuesday it is unloading its money-losing Rolm telephone equipment operations, which it bought four years ago amid much fanfare about the growing need to marry computer and telephone technology. At a New York news conference, IBM said it will sell a portion of Rolm to West Germany's Siemens AG and put the rest of the business into a joint venture with Siemens.
BUSINESS
March 9, 1987
Richard H. Mattern Jr. has been named vice president-marketing of ROLM Corp., Santa Clara, a subsidiary of IBM.
BUSINESS
December 13, 1988 | CARLA LAZZARESCHI, Times Staff Writer
International Business Machines is expected to announce today that it is selling all or part of its money-losing Rolm telephone equipment subsidiary, possibly to West Germany's Siemens AG, analysts said Monday. The pending deal was widely viewed as a clear indication of IBM's disappointment at the performance of Rolm, a Silicon Valley telecommunications manufacturer that IBM bought with great fanfare in 1985 for $1.5 billion. Since then, analysts estimate, IBM has lost as much as $500 million.
BUSINESS
April 9, 1987
International Business Machines Corp. said Wednesday that the president of its Rolm Corp. subsidiary has resigned. IBM stressed, however, that the move is not related to last month's reorganization of the telecommunications unit, which merged Rolm's sales and service organizations into its own marketing group. A Rolm spokeswoman said Dennis Paboojian decided to step down for personal reasons and will remain at IBM as a consultant. "He wanted to take some personal time off," she said.
BUSINESS
March 11, 1987
Richard H. Mattern Jr. has been named vice president-marketing of ROLM Corp., Santa Clara, a subsidiary of IBM.
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