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Technology / AI and automation

CONSORTIUM MOVE ON NIXDORF ?

Sources close to Nixdorf Computer AG say that the long-forecast realignment in the European computer industry is likely to start with a consortium move on the Paderborner, and that it could happen in the next couple of months: the name that is ringing the loudest bell is that of Philips NV, which has a substantial part of its computer operations in West Germany, but Siemens AG and Ing C Olivetti SpA could well be involved, while Bull SA and ICL should not be ruled out: the likelihood would be that consortium members would take stakes of about 10% apiece in the company, which is suffering most in its home West German market, and paints a gloomier picture with each report.

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CBR Staff Writer

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