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Article #620038Re: Important US technology companies sold to foreigners (was: Xerox company sold)
From: Peter Flass
Date: Fri, 02 Feb 2018 22:25
Date: Fri, 02 Feb 2018 22:25
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Andreas Kohlbach <a...@spamfence.net> wrote: > On Thu, 1 Feb 2018 17:07:51 -0800 (PST), hanc...@bbs.cpcn.com wrote: >> >> On Wednesday, Xerox said that, after 115 years as an independent >> business, it would combine operations with Fujifilm Holdings of >> Japan. The deal signaled the end of a company that was once an >> American corporate powerhouse. “Xerox is the poster child for >> monopoly technology businesses that cannot make the transition >> to a new generation of technology,” said David B. Yoffie, a >> professor at the Harvard Business School. The move offers a >> stark reminder that no matter how high a company may fly, it >> is still vulnerable to the next big breakthrough. Xerox joins >> once formidable tech companies like Kodak and BlackBerry that >> lost the innovation footrace. >> >> full article at: >> https://www.nytimes.com/2018/01/31/business/dealbook/xerox-fujifilm.html > > Sad. Many great US pioneers in computer technology were recently sold to > foreigners. Bell Labs became French (Alcatel-Lucent) in 2006, now Finnish > (Nokia). They're all finished. :-( > > Other US companies went abroad recently (say last 30 years)? Honeywell -> Bull -- Pete
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