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Technology / AI and automation

TABS BUYS OLIVETTI OUT

Marking the final dismantlement of Olivetti’s dreams of a pan-European retail computer chain, TABS Ltd of Salisbury has bought back the 48% or so stake taken by Olivetti in 1984 with a view to making the firm the backbone of its UK network. TABS, now controlled by management, has backed off from franchising and will concentrate on software.

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CBR Staff Writer

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