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October 20, 1995

WANG TO PAY $16m CASH FOR BISS LTD IN THE UK

By CBR Staff Writer

Wang Laboratories Inc, now in Billerica, Massachusetts (the old Honeywell Inc base, presumably) has acquired BISS Ltd here in the UK for about $16m in cash – $14m this month, and the other $2m in March 1997. It will combine BISS with its existing network integration operations in the UK and Eire, to create a unit with annualised turnover of about $60m; the 200-employee firm will be known as BISS Ltd, a Wang Network Integration Company.

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