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MULTITECH-COUNTERPOINT ACQUISITION PACT DEFINITIVE

Pauline Alker’s Counterpoint Computers Inc, San Jose, California now has definitive agreement to be acquired by Multitech Industrial Corp of Taipei, Taiwan. The plan is for Counterpoint, where AT&T Co, Kyocera Corp and British & Commonwealth Holdings Plc are currently investors, to operate under its present name and management as a wholly-owned subsidiary of Multitech. Ms Alker will report to Multitech president and co-founder Stan Shih. The two parties began working together in October 1986 when Multitech signed a three-year OEM order for $20m of Counterpoint’s System 19K 68020-based Unix computers as the basis of transaction-oriented small business systems for Taiwan. Manufacturing is currently done by Avex Electronics in Huntsville, Alabama but will be supplemented over time by Multitech, a $300m group. Counterpoint expects to become profitable during the first quarter of 1988. Multitech inter alia builds Unisys’ new Personal Workstations.

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CBR Staff Writer

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