Article View: alt.folklore.computers
Article #620146Re: Important US technology companies sold to foreigners
From: jmreno
Date: Sat, 03 Feb 2018 18:01
Date: Sat, 03 Feb 2018 18:01
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5091 bytes
On 2/2/2018 6:39 PM, J. Clarke wrote: > On Fri, 02 Feb 2018 15:47:33 -0500, 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. :-( > > Bell Labs was killed in 1984. It took a long time to die but that's > when the knife went in. I like to believe that there is a special > Hell for all the lawyers involved in that action. > Most of Bell Labs was sold to SAIC. Lucent ended up with a small part of it (and maybe the name). From: http://techblog.comsoc.org/category/uncategorized/page/64/ ______________ A History Lesson As part of the divestiture of the Bell System in 1983, many AT&T Bells Labs engineers were transfered to a new company that was to be the research labs for the seven spun-off RBOCs. Named Bell Communications Research- or Bellcore for short- the organization was formed January 1,1984. Over the next several years, Bellcore was very effective in helping their parent companies evaluate, standardize and arcitect new telecommunications technologies, e.g. ISDN, SMDS, Frame Relay, Software Defined Network, Intelligent Network, etc. Bellcore’s standards for TL1 – the language of telco network management, and SONET (Synchronous Optical Network Transport) were implemented by every equipment company in those market segments. But as the RBOCs put less of an emphasis on research and developement there was less need for Bellcore. So the company was sold to Science Applications International Corporation (SAIC) in 1995. What SAIC was getting, according to Bellcore’s CEO at the time, was a $650 million-a-year software business and a $350 million-a-year professional services business. The approval process for the deal was arduous, passing muster with seven owners and nine state regulatory agencies, so that the sale was not completed until November 1997. ... ______________ I believe that SAIC also got the right to use all of Bell Lab's patents. The other reason I know is that I bought a few hundred cheap shares in Lucent because they said they owned Bell Labs. That was when Lucent still seemed to a viable company. After I bought the stock I became suspicious of Lucent's claim and contacted Lucent's banker who admitted that most of Bell Labs had been sold to SAIC. Later, Lucent merged with Alcatel which was also a failing company. The combination of the two failing companies resulted in a larger (for awhile) failing company. With the merger with Nokia it became a larger (for awhile) failing company. In 2013 Nokia sold its mobile devices division to Microsoft: http://www.androidpolice.com/2017/03/01/nokias-comeback-explained-historic-phone-company-suddenly-making-android-phones/ Its a real mess now.
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X-Received: by 10.28.15.145 with SMTP id 139mr4416282wmp.27.1517680883570; Sat, 03 Feb 2018 10:01:23 -0800 (PST) X-BeenThere: alt.folklore.computers@googlegroups.com Received: by 10.28.170.1 with SMTP id t1ls880789wme.7.gmail; Sat, 03 Feb 2018 10:01:22 -0800 (PST) X-Received: by 10.28.106.6 with SMTP id f6mr4844547wmc.20.1517680882754; Sat, 03 Feb 2018 10:01:22 -0800 (PST) Path: mbox-mo1.pugleaf.net!n14ni14367wmi.0!nntp.google.com!proxad.net!feeder1-2.proxad.net!news.mixmin.net!aioe.org!.POSTED!not-for-mail From: jmreno <no...@znet.com> Newsgroups: alt.folklore.computers Subject: Re: Important US technology companies sold to foreigners Date: Sat, 3 Feb 2018 10:01:19 -0800 Organization: Aioe.org NNTP Server Lines: 89 Message-ID: <p54tdd$1rb6$1@gioia.aioe.org> References: <2c5ea5c8-9317-4a35-8775-d736ebbb6327@googlegroups.com> <87607fce56.fsf@usenet.ankman.de> <kq7a7d1sjsqnltmkm789ql5r38s36ecnc9@4ax.com> NNTP-Posting-Host: bItz2Iq7Ew28z++CmsCQWg.user.gioia.aioe.org Mime-Version: 1.0 X-Complaints-To: ab...@aioe.org User-Agent: Mozilla/5.0 (Windows NT 6.0; WOW64; rv:52.0) Gecko/20100101 Thunderbird/52.5.0 X-Notice: Filtered by postfilter v. 0.8.2 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit