December 20, 1996 |
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.
March 14, 1990 |
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.