View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 31, 1988

70 GO AS DATA I/O RECASTS COMPUTER-AIDED ENGINEERING

By CBR Staff Writer

Data I/O Corp, Redmond, Washington has moved to stem losses in its computer-aided engineering business. The FutureNet Division in Chatsworth, California will be consolidated at the Redmond headquarters, with manufacturing, customer support, and research and development all making the long trek up the coast where sales and marketing are already based – at a cost of 60 to 80 jobs and a likely charge of $4m to $6m net on 1987 profits. The company will shed all computer-aided engineering products that do not have market leadership, proprietary technology, and synergy with the company’s device programmer products. The core FutureNet products will now be the Abel, Dash, FutureDesigner and PLDTest software products. The Endot subsidiary in Cleveland, Ohio remains open, but Data I/O may try to sell the unit.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU