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Technology / AI and automation

NYNEX SELL VISTA CONCEPTS

Nynex Corp, still assiduously breaking up its portfolio of software companies so carefully assembled, got shot of its Vista Concepts Inc unit to Fairfax, Virginia-based American Management Systems Inc on undisclosed terms, but Stockholder Systems Inc and DISC Inc clearly proved a harder sell, and Nynex has had to turn to the experts and let them go to New York investment firm Welsh, Carson, Anderson & Stowe, a specialist in buyouts, which says it plans to merge the two firms.

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CBR Staff Writer

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