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July 10, 1997updated 05 Sep 2016 12:09pm


By CBR Staff Writer

Genicom Corp’s negotiating to buy DEC’s loss-making printer business which CEO Bob Palmer put on the block during the company’s massive 1996 restructuring (CI No 2,947). The business, worth some $200m, lives in DEC’s components division. Genicom, a $300m-odd network integration, services and printer company. Genicom, which bought Texas Instruments Inc’s printer business last July (CI No 2,962) and is the last resting place of the once mighty Centronics printer empire.

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