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May 12, 1988

SCANVEST RING TO BUY SKRIVERVIK DATA TO EXPAND UNIX ARM: PYRAMID-OLIVETTI TIE?

By CBR Staff Writer

Just three weeks after agreeing to cede a 51% stake in itself to Ing C Olivetti SpA (CI No 911), Oslo, Norway-based Scanvest Ring A/S is sweetening the pie for the Italian by itself agreeing to acquire another Scandinavian player in the Unix systems market, Skrivervik Data A/S – in a move that could lead to Olivetti forging links with Pyramid Technology in other European markets. Skrivervik, with a modest 10 employees, is looking for a startling $5m turnover this year marketing Pyramid Technology RISC-based minis and Convex Computer minisupercomputers, plus sundry Unix workstations, configured into turnkey systems for the Norwegian scientific and technical markets, a new departure for Scanvest Ring. Skrivervik wants Scanvest’s cash to diversify into on-line transaction processing and relational database system solutions. The acquisition is also a good fit because Scanvest Ring already markets Pyramid machines in Sweden. It says that Scanvest’s involvement with Pyramid has persuaded the Italian to take a closer look at collaboration with Pyramid in other European markets.

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