Wang Labs Completes Walsh, Greenwood Acquisition; $28 Million Price Tag On 'Shark'

THIS MONTH'S LEAD STORIES

Wang Laboratories, Inc. has completed its purchase of Walsh, Greenwood Information Systems, Inc., a.k.a. "Shark," for $20 million cash, $8 million in deferred payments, plus incentives (MTR, November 1985). While the deal does give the computer and office systems company a foothold in the quotations business, it remains to be seen whether and how Wang can pry Shark out of its boutique niche among arbitrageurs and transform it into a mainstream product for the brokerage industry.

"We intend to

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: