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BUSINESS
September 28, 1991 | From Times Staff and Wire Reports
Western Digital Sale Delayed: Western Digital Corp. said Friday that the closing of the sale of its computer networking business to New York-based Standard Microsystems Corp. will be delayed two weeks. The $33-million purchase, announced in March, is expected to be completed on Oct. 10, the company said. The Irvine computer products manufacturer said the delay was due to normal closing conditions, not anything extraordinary.
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BUSINESS
September 28, 1991 | From Times Staff and Wire Reports
Western Digital Sale Delayed: Western Digital Corp. said Friday that the closing of the sale of its computer networking business to New York-based Standard Microsystems Corp. will be delayed two weeks. The $33-million purchase, announced in March, is expected to be completed on Oct. 10, the company said. The Irvine computer products manufacturer said the delay was due to normal closing conditions, not anything extraordinary.
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BUSINESS
September 18, 1991 | From Times Staff and Wire Reports
Western Digital to Sell Unit: Western Digital Corp., raising some badly need cash, said it has reached a final agreement to sell its computer network business to New York-based Standard Microsystems Corp. for $33 million. In another development, Western Digital said the British computer maker, Amstrad PLC, has filed a $141-million lawsuit against the Irvine firm for allegedly supplying faulty computer disk drives in 1988 and 1989.
BUSINESS
September 18, 1991 | From Times Staff and Wire Reports
Western Digital to Sell Unit: Western Digital Corp., raising some badly need cash, said it has reached a final agreement to sell its computer network business to New York-based Standard Microsystems Corp. for $33 million. In another development, Western Digital said the British computer maker, Amstrad PLC, has filed a $141-million lawsuit against the Irvine firm for allegedly supplying faulty computer disk drives in 1988 and 1989.
BUSINESS
September 18, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Western Digital Corp., in an effort to raise some badly needed cash, said it has reached a final agreement to sell its computer network business to New York-based Standard Microsystems Corp. for $33 million. In another development, Western Digital said British computer maker Amstrad plc has filed a $141-million lawsuit against the Irvine firm for allegedly supplying faulty computer disk drives in 1988 and 1989.
BUSINESS
October 18, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Western Digital Corp. said Thursday that key talks with bank lenders about restructuring $226 million in company debt have hit an unexpected snag. The Irvine computer components manufacturer said that if it cannot agree with its lenders, the banks could demand immediate repayment of $226 million in debt. Western Digital would then face a shortage of working capital, and its ability to do business would be jeopardized, the company said. Western Digital, which lost $134.
BUSINESS
January 25, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Western Digital Corp., the struggling maker of personal computer components, has put its highly profitable communications networking products division up for sale, industry analysts said Thursday. While company officials declined comment on the possible sale, industry officials said the move was designed to generate more cash in troubled times and to further narrow the Irvine-based company's strategic focus to only closely related PC products.
BUSINESS
March 26, 1996
Kenneth Brinkerhoff has been named divisional vice president of engineering for the System Products division of Standard Microsystems Corp., a personal computer products company. He will be responsible for all the division's engineering operations in Irvine. Brinkerhoff, who joined Standard Microsystems in 1987 as director of communications software development, was previously a founder of Kantek Inc. In addition, Eileen Conlon was appointed divisional vice president of manufacturing.
BUSINESS
December 10, 1996
Joe Kennedy has been appointed vice president, business development, for Irvine-based Fluor Daniel Inc.'s PharmBio & Chemicals operating company. He will have global responsibility for sales and marketing activities for the operating company. Kennedy has been with Fluor Daniel for more than 22 years. Fluor Daniel is the principal subsidiary of Fluor Corp. * Richard W. Ormond has joined Procom Technology Inc., an Irvine manufacturer of data storage devices, as vice president of marketing.
BUSINESS
September 18, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Western Digital Corp., in an effort to raise some badly needed cash, said it has reached a final agreement to sell its computer network business to New York-based Standard Microsystems Corp. for $33 million. In another development, Western Digital said British computer maker Amstrad plc has filed a $141-million lawsuit against the Irvine firm for allegedly supplying faulty computer disk drives in 1988 and 1989.
BUSINESS
July 13, 1997
* Mike Liby has been appointed vice president of operations for CKE Restaurants Inc. in Anaheim, the parent company of Carl Karcher Enterprises Inc., Casa Bonita Inc. and Summit Family Restaurants Inc. Liby joined the company in 1987 as director of loss prevention and safety. He was most recently director of training and special projects. Ed Donahue has been named vice president of Region 1, overseeing the operations of 110 restaurants in the Inland Empire, parts of Los Angeles and Tucson.
BUSINESS
February 5, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
The unemployment rolls in Orange County continue to grow as two local companies announced Monday the layoffs of about 280 local workers. Western Digital Corp., a manufacturer of computer components, said it will lay off 160 employees, including 130 in Irvine, as a result of its continuing corporate restructuring and efforts to return to profitability. And Rockwell International Corp.
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