Alcatel NV’s Standard Elektrilk Lorenz AG by contrast had a rotten year, with unspecified losses in excess of $5.5m in its office and computer systems business: despite this, the company does not intend to seek a buyer for what is primarily an IBM compatible peripherals and terminals business, but 350 to 400 of the 5,000 […]
Alcatel NV’s Standard Elektrilk Lorenz AG by contrast had a rotten year, with unspecified losses in excess of $5.5m in its office and computer systems business: despite this, the company does not intend to seek a buyer for what is primarily an IBM compatible peripherals and terminals business, but 350 to 400 of the 5,000 employees will have to go this year; the business turns over around $555m annually.
