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Tandem Computers Inc

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BUSINESS
December 20, 1996 | Times Staff and Wire Reports
Tandem Computers Inc. agreed to sell its computer networking equipment unit, UB Networks, to Newbridge Networks Corp. of Canada for an undisclosed amount. The sale, expected to close in 30 days, will help Tandem concentrate on its fault-tolerant computer business and will help Newbridge Networks, a computer networking equipment maker, expand its product lines, the companies said. UB Networks lost $17.3 million on revenue of $377 million in the fiscal year ended Sept. 30.
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BUSINESS
January 9, 1992 | From Times Staff and Wire Reports
Tandem Expects First-Quarter Loss: Citing the recession and changes in the industry, Tandem Computers Inc. said it probably will post an operating loss for the first quarter of fiscal 1992 and will restructure operations. Tandem, known for "fault-tolerant" computers with redundant parts to prevent crashes, said it will take a $90-million restructuring charge for the quarter, which ended Dec. 31.
NEWS
May 25, 1994 | VIRGINIA ELLIS, TIMES STAFF WRITER
An internal investigation into the Department of Motor Vehicles' $44-million computer debacle has found that DMV officials were swayed by overly optimistic sales pitches from manufacturers, ultimately selecting a computer technology without properly evaluating whether it could handle the agency's needs.
BUSINESS
January 9, 1992 | From Times Staff and Wire Reports
Tandem Expects First-Quarter Loss: Citing the recession and changes in the industry, Tandem Computers Inc. said it probably will post an operating loss for the first quarter of fiscal 1992 and will restructure operations. Tandem, known for "fault-tolerant" computers with redundant parts to prevent crashes, said it will take a $90-million restructuring charge for the quarter, which ended Dec. 31.
BUSINESS
December 20, 1996 | Times Staff and Wire Reports
Tandem Computers Inc. agreed to sell its computer networking equipment unit, UB Networks, to Newbridge Networks Corp. of Canada for an undisclosed amount. The sale, expected to close in 30 days, will help Tandem concentrate on its fault-tolerant computer business and will help Newbridge Networks, a computer networking equipment maker, expand its product lines, the companies said. UB Networks lost $17.3 million on revenue of $377 million in the fiscal year ended Sept. 30.
BUSINESS
March 14, 1990 | From Reuters
American Telephone & Telegraph Co. said Tuesday that it would market and develop some of Tandem Computers Inc.'s Unix-based products in an alliance that may entrench the Unix operating system as a market leader for fault-tolerant computers. The long-distance telephone giant said it has acquired the rights to develop and market worldwide Tandem's Unix System V-based computer products and technology in an effort to accelerate the availability and acceptance of System V software.
BUSINESS
March 14, 1990 | From Reuters
American Telephone & Telegraph Co. said Tuesday that it would market and develop some of Tandem Computers Inc.'s Unix-based products in an alliance that may entrench the Unix operating system as a market leader for fault-tolerant computers. The long-distance telephone giant said it has acquired the rights to develop and market worldwide Tandem's Unix System V-based computer products and technology in an effort to accelerate the availability and acceptance of System V software.
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