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Vobis Microcomputer Ag

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BUSINESS
July 8, 1998 | From Bloomberg News
CHS Electronics Inc., the top distributor of personal computers in Europe and Latin America, agreed on Tuesday to buy Metro's Vobis computer business for $670 million in cash and debt, in a bid to further its dominance of the European market. Miami-based CHS will pay about $320 million in cash and stock to buy Vobis and its Maxdata and Peacock computer wholesaling units. It will assume about $350 million of debt. The move will give CHS 820 outlets in Europe, 340 in Germany alone.
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BUSINESS
July 8, 1998 | From Bloomberg News
CHS Electronics Inc., the top distributor of personal computers in Europe and Latin America, agreed on Tuesday to buy Metro's Vobis computer business for $670 million in cash and debt, in a bid to further its dominance of the European market. Miami-based CHS will pay about $320 million in cash and stock to buy Vobis and its Maxdata and Peacock computer wholesaling units. It will assume about $350 million of debt. The move will give CHS 820 outlets in Europe, 340 in Germany alone.
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BUSINESS
April 25, 1997 | From Reuters
Advanced Micro Devices Inc. said Thursday that Digital Equipment Corp. will use its K6 microprocessor--a rival to Intel Corp.'s Pentium--in an upcoming line of personal computers. Executives of AMD, a longtime also-ran in the chip business, also told investors at its annual shareholder meeting that other big PC makers are evaluating the K6, with an eye to using it in new PCs. Digital is the first top-10 PC maker to sign up as a customer for the K6.
BUSINESS
June 27, 1998 | From Times News Services
Looking to broaden its already formidable expansion into Europe, Ingram Micro Inc. reportedly has agreed to buy the continent's largest computer retailer for about $556 million. Vobis Microcomputer AG, which is owned by Cologne-based Metro AG, has 820 stores in 11 European countries. The German newspaper Die Welt reported the deal in Friday's editions, citing unnamed sources. Officials at Santa Ana-based Ingram, the world's largest computer distributor with $16.
BUSINESS
February 14, 1999
* James Schutzenhofer has joined BAX Global's U.S. organization in Irvine as a divisional vice president. Schutzenhofer has responsibility for operations, sales and finance in the South Central U.S. division. He was previously vice president of operations at Roadway Global Air, president of Next Day Motor Freight and was with Emery Worldwide for 21 years. * Ronald R. Williamson has been named tax partner of Squar, Milner & Reehl LLP in Newport Beach.
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