View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 8, 1991

ALSYS HAS HAD MANY SUITORS

By CBR Staff Writer

Despite the ravaged state of Alsys SA, French state-controlled Thomson-CSF SA was not the only suitor for the Ada compiler specialist (CI No 1,775), and others that looked at the company included Control Data Corp in partnership with Compagnie Generale de l’Informatique SA, but they walked away when they saw the extent of the company’s financial problems: Ada originator and company founder Jean Ichbiah is the first casualty of the deal; his new role is described as consultant; the company failed to make much impact in its home market, where only 10% of Ada applications are non-military, compared with 30% in the US, according to 01 Informatique; others, such as Verdix Corp and Denmark’s DDC International A/S have managed to do rather better out of Ada, Verdix by marrying its development environment with C to take advantage of the proliferation of the Unix language; at the time of its acquisition by Thomson-CSF, engineered by the French government, Alsys was in administration after the parent company reported losses equivalent to $22m on turnover of only $7m for 1990 – and a debt burden of $20m.

Content from our partners
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester
Infosecurity Europe 2024: Rethink the power of infosecurity

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 Progressive Media Investments 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