Mergers, Acquisitions & Divestitures
The history of Burroughs is a history of mergers and acquisitions. In the early part of the 20th century, the competition in the adding machine industry was intense. New inventions were everywhere and companies sprang into existence to market the products.
The following is a list of the mergers, acquisitions, and divestitures that marked the history of Burroughs. Burroughs literally owes its marketplace success to this activity.
The history of Burroughs is a history of mergers and acquisitions. In the early part of the 20th century, the competition in the adding machine industry was intense. New inventions were everywhere and companies sprang into existence to market the products.
The following is a list of the mergers, acquisitions, and divestitures that marked the history of Burroughs. Burroughs literally owes its marketplace success to this activity.
Company Location Date
Acme Carbon and Ribbon Company, Ltd. Toronto, Canada Acquired in 1949
Balbik Systems Limited Stroud, England Acquired in 1970
Burroughs Adding and Registering Company, Ltd., Nottingham, England Acquired in 1908
Charles Hadley Company Los Angeles, California Acquired in 1955
Control Instrument Company New York, NY Acquired in 1951
Convergent Technologies Santa Clara, CA Acquired in 1988
Delta Carbon and Ribbon Company Limited Aylesbury, England Acquired in 1970
ElectroData Company Pasadena, CA Acquired in 1956
Graphic Sciences, Inc. Danbury, CT Acquired in 1975
Graftek Graphics Technology Corp. Boulder, Colorado Acquired in 1984
Haydu Brothers Plainfield, NJ Acquired in 1954
Joseph Cogan, Associates ? Acquired in 1984
Memorex Corporation (see Divestitures below) Santa Clara, CA Acquired in 1981
Midwest Systems Group ? Acquired in 1982
Mittag & Volger, Inc. Park Ridge, NJ Acquired in 1949
Moon Hopkins Billing Machine Company ? Acquired in 1921
Paramax Canada Acquired in 1986
Pike Adding Machine Company Orange, NJ Acquired in 1909
Redactron Corporation Hauppauge, New York Acquired in 1976
Sperry Corporation Blue Bell, PA Acquired in 1986
Speytec Limited Croydon, United Kingdom Acquired in 1969
System Development Corporation Camarillo, CA Acquired in 1980
Systems Research, Inc (SRI) San Jose, CA Acquired in 1981
Takachiho Burroughs Company, Ltd. Japan 50% stake in 1973
Timplex ? Acquired in 1987
Todd Company Rochester, NY Acquired in 1955
Universal Adding Machine Company St. Louis Acquired in 1908
Acme Carbon and Ribbon Company, Ltd. Toronto, Canada Acquired in 1949
Balbik Systems Limited Stroud, England Acquired in 1970
Burroughs Adding and Registering Company, Ltd., Nottingham, England Acquired in 1908
Charles Hadley Company Los Angeles, California Acquired in 1955
Control Instrument Company New York, NY Acquired in 1951
Convergent Technologies Santa Clara, CA Acquired in 1988
Delta Carbon and Ribbon Company Limited Aylesbury, England Acquired in 1970
ElectroData Company Pasadena, CA Acquired in 1956
Graphic Sciences, Inc. Danbury, CT Acquired in 1975
Graftek Graphics Technology Corp. Boulder, Colorado Acquired in 1984
Haydu Brothers Plainfield, NJ Acquired in 1954
Joseph Cogan, Associates ? Acquired in 1984
Memorex Corporation (see Divestitures below) Santa Clara, CA Acquired in 1981
Midwest Systems Group ? Acquired in 1982
Mittag & Volger, Inc. Park Ridge, NJ Acquired in 1949
Moon Hopkins Billing Machine Company ? Acquired in 1921
Paramax Canada Acquired in 1986
Pike Adding Machine Company Orange, NJ Acquired in 1909
Redactron Corporation Hauppauge, New York Acquired in 1976
Sperry Corporation Blue Bell, PA Acquired in 1986
Speytec Limited Croydon, United Kingdom Acquired in 1969
System Development Corporation Camarillo, CA Acquired in 1980
Systems Research, Inc (SRI) San Jose, CA Acquired in 1981
Takachiho Burroughs Company, Ltd. Japan 50% stake in 1973
Timplex ? Acquired in 1987
Todd Company Rochester, NY Acquired in 1955
Universal Adding Machine Company St. Louis Acquired in 1908
Divestitures
Memorex consumer business sold to Tandy Corporation. Divested in 1982
Memorex Media, Communication and IBM plug campatible Sales and Services businesses
sold in leveraged buyout as Memorex International BV for $550m. Divested in 1986
Memorex storage business sold to Sequel. Divested in 1989
(Thanks to Tom Gardner for the Memorex information)
Unisys South Africa (Pty) Ltd. Sold in 1988
Sperry Aerospace and Microwave Operations Sold in 1986
Memorex consumer business sold to Tandy Corporation. Divested in 1982
Memorex Media, Communication and IBM plug campatible Sales and Services businesses
sold in leveraged buyout as Memorex International BV for $550m. Divested in 1986
Memorex storage business sold to Sequel. Divested in 1989
(Thanks to Tom Gardner for the Memorex information)
Unisys South Africa (Pty) Ltd. Sold in 1988
Sperry Aerospace and Microwave Operations Sold in 1986