Aspiring Cobol king from Down Under, Austec International Pty, crashed at the turn of the year, but a new home has been found for the company’s assets, including the Ryan-McFarland Inc micro Cobol and Fortran compiler development and marketing business, and Austec’s AceBridge and Ace Cobol line. The would-be buyer is Language Processors Inc of […]
Aspiring Cobol king from Down Under, Austec International Pty, crashed at the turn of the year, but a new home has been found for the company’s assets, including the Ryan-McFarland Inc micro Cobol and Fortran compiler development and marketing business, and Austec’s AceBridge and Ace Cobol line. The would-be buyer is Language Processors Inc of Framingham, Massachusetts, which is stressing its intention to build Ryan-McFarland back to its former strength, running it as a separate entity. Terms of the agreement in principle were not disclosed.
