View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 5, 1988

HITACHI “GETS 49% OF NATIONAL ADVANCED SYSTEMS IN US, COMPAREX GETS 100% OF EUROPE’S

By CBR Staff Writer

An unconfirmed report was circulating yesterday that Hitachi Ltd had signed to buy a 49% stake in the US operations of the National Advanced Systems IBMulator subsidiary of National Semiconductor Corp, with an unidentified partner – not NatSemi, taking the other 51%. The same source said that in Europe, Comparex Computer Systeme GmbH, which markets Hitachi mainframes in competition with National Advanced, is expected to take 100% of NAS Europe. If the report stands up, the only major questions are the identity of the US partner and the prices being paid. Although Memorex Telex International NV might be the most appropriate US partner for Hitachi, it doesn’t seem likely because the company would find it hard to raise the cash for a 51% stake – the partner is therefore more likely to be a financial than a manufacturing company. Possibilities include a leasing company or the financial subsidiary of one of the Baby Bells, with Bell Atlantic Corp or BellSouth Corp the ones that have shown most interest in related areas. The US partner has likely been chosen simply as a figleaf for Hitachi on the grounds that US users are still thought to be chary of buying their mainframes from an overtly Japanese company. National Semiconductor in Santa Clara had no comment on the report that a deal was near completion.

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

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