Quadratron Systems, a Sherman Oaks computer software firm, said its software will be used in Sperry Corp. computer systems to be delivered to the U.S.
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DataSystems Software, a Canoga Park computer software firm, said that it signed an agreement to provide software for Sperry personal computers.
Officials at Burroughs said, however, that its hostile tender offer for Sperry, worth about $4.06
What's behind Burroughs Corp. Chairman W.
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Sperry Corp. said it lost $187.9 million during its fiscal second quarter ended Sept. 30, compared
Burroughs Corp. and Sperry Corp. ended merger talks and blamed each other Monday for failing to
Sperry Corp. today called Burroughs Corp.'
Burroughs announced the completion of its $4.78-billion purchase of rival computer maker Sperry
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debt in exchange for Sperry common stock in the second step of the merger.
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U.S. computer giant Sperry, which has been seeking a merger partner for months, said Monday that it
Detroit-based Burroughs said it is closing its manufacturing and engineering facility in Coral Springs, Fla., and an engineering facility in Orlando, Fla., by the end of October, permanently eliminating about 750 employees.