View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 26, 1987

ENMASSE CEASES OPERATIONS, SEEKS TO SELL TECHNOLOGY

By CBR Staff Writer

The venture capital investors who put up $18m in three rounds of venture funding for EnMasse Computer Corp, Acton, Massachusetts, have pulled the plug on the company, and it ceased operations last week, laying off 44 of its 50 employees. EnMasse is seeking to sell its transaction-intensive Unix multiprocessor technology, with Toltec Computer Corp, Scottsdale, Arizona, top of the list of potential buyers – Toltec announced at the end of last year that it was putting the Pick operating system onto the En-Masse E/CS-1 to run concurrently with Unix (CI No 580). Olivetti SpA holds a 30% stake in Toltec.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. 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.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU