Micrognosis May Be Sold To Raise Cash For CDC
THIS WEEK'S LEAD STORIES
Micrognosis Inc., one of the industry leaders in providing local data distribution technology to financial institutions, is up for sale, sources say. The Connecticut-based digital and video switch provider has recently been dogged by diminishing sales in the U.S. and lower margins in the Far East. Micro's recent troubles mirror the severe financial straits of parent company Control Data Corp.
"To the best of our knowledge, that's all rumor," says Ellen Guglielmo, manager of customer marketing in
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