Sims, the president and CEO of the original Concurrent, also headed the merged company. Featured Reports. Concurrent was also maintaining its legacy real-time computing business. You Might Also Like. The base purchase price payable by Vecima is subject to adjustment based on a final determination of the net working capital of the Content Delivery and Storage business under the terms of the Asset Purchase Agreement. Common Stock.
Concurrent Partners with Industry Leader to Benefit from Concurrent's.
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Minimum 15 minutes delayed. To put the company back on track, Brown stalled with the company's lenders and bondholders some of which, including the Bank of New England and a couple of troubled thrifts, were facing insolvency themselves while letting go of more than a quarter of Concurrent's 3,strong workforce and cutting back on research and development and real estate.
McCloskey discussed the contentious financial negotiations in some detail with American Banker in early Then, copy and paste the text into your bibliography or works cited list.
Overview Concurrent Computer Corporation
Origins Interdata, Inc. Common Stock.
Vecima – Media Transformed. Innovation Delivered.
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Concurrent had previously rebuffed an offer to itself be acquired by Harris Computer. Appleton, Elaine L. D, August 3, Our forward-looking statements are based on current expectations and speak only as of the date of such statements.
This business had been formed in as Datacraft. A pioneer in the minicomputer industry, Interdata focused on the technical market and was turning a profit by the end of the decade.