December 28, 1993 |
Terminal Data Corp., a Moorpark producer of document-storage systems for financial firms and other customers, has agreed to be acquired by a Dallas company, BancTec Inc., for a reported $25 million in cash. The fate of TDC's 180 employees is undecided, a BancTec official said, but a TDC source, who requested anonymity, said its manufacturing operations will probably be moved to Oklahoma City, with some employees being offered a chance to relocate.
January 14, 1988
David Krar Hutton has been named chief executive of Terminal Data Corp., effective Feb. 1, to succeed Michael Rothbart, who remains chairman. Krar Hutton previously worked for NCR Corp., most recently as general manager of the financial systems division, engineering and manufacturing operation in Ontario, Canada. Terminal Data Corp., based in Simi Valley, designs and manufactures automated micrographic and electronic document image processing products.
April 28, 1992
Terminal Data Corp., a Moorpark supplier of document imaging products and services, said it has received a five-year contract from the U. S. State Department worth $7.5 million. The contract calls for Terminal Data to provide maintenance services on computers and other equipment used in the issuance of passports.
June 11, 1991
Terminal Data Corp., a Moorpark company that makes document scanners and other imaging equipment, said it received a "large" order from a Dutch concern. It did not disclose the value of the deal. The company said the order, from Philips Information Systems, is for 12 document scanners. It said the scanners would be shipped this year.
June 16, 1992
Terminal Data Corp. in Moorpark said it has been chosen to provide scanning systems to Siemens Nixdorf Informationsysteme AG of Germany, which will integrate the scanners into its document-imaging systems. Terminal Data said it is not yet known how many scanners Siemens Nixdorf will order, because it has signed an open contract under which Terminal Data will supply equipment as demand warrants.
January 15, 1991
Terminal Data Corp., a financially troubled Moorpark maker of data storage devices, said it received an order worth more than $400,000 from INET of Bethesda, Md. Terminal Data will provide INET with devices that convert paper documents and microfiche into images that can be stored electronically and used by computers. INET plans to use the devices for converting Army personnel records to computer form.