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Article #620143Re: Important US technology companies sold to foreigners (was: Xerox company sold)
From: Peter Flass
Date: Sun, 04 Feb 2018 01:11
Date: Sun, 04 Feb 2018 01:11
40 lines
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3441 bytes
J. Clarke <jclarke...@gmail.com> wrote: > On Fri, 2 Feb 2018 15:25:34 -0700, Peter Flass <peter...@yahoo.com> > wrote: > >> 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. ΒXerox is the poster child for >>>> monopoly technology businesses that cannot make the transition >>>> to a new generation of technology,Β 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 > > Honeywell sold their informations systems division to Bull. Honeywell > however is now part of Allied Signal, which adopted the name and is > still a huge American company. > > Right, but no computers. -- Pete
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