Nippon Mining Co is finding it quite remarkably difficult to offload its Gould Computer Systems Inc unit, and there seems to be a revolving door operating as companies enter, take a look and exit again. Out have gone Motorola Inc and now Concurrent Computer Corp, and in has come Encore Computer Corp, which only just […]
Nippon Mining Co is finding it quite remarkably difficult to offload its Gould Computer Systems Inc unit, and there seems to be a revolving door operating as companies enter, take a look and exit again. Out have gone Motorola Inc and now Concurrent Computer Corp, and in has come Encore Computer Corp, which only just sold one of its units to Gould. According to Electronic News, the Marlborough, Massachusetts company is talking in terms of only $150m to $200m, where Nippon Mining had been looking for $250m – equivalent to just one year’s sales at the Fort Lauderdale, Florida minimaker.
The paper reckons that if Encore revolves right out again, Nippon will turn to Elxsi Corp. At $15.5m in its last fiscal, Encore is about one fifteenth the size of Gould.
