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TIGERA GROUP SELLS ITS SOFTWARE TO WANG

Tigera Group Inc, the Belmont, California cash shell that also included the software interests of Fortune Systems Corp – it sold the hardware side to SCI Systems Corp last year – has now sold substantially all of its remaining assets to Wang Laboratories, giving the Lowell company an entree into the Unix software world. The main software offering of Tigera was an office automation package, and this was clearly of considerable interest to Wang, because the firm paid $1.4m cash for it and assumed some liabilities.

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CBR Staff Writer

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