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Sperry Corp. was awarded a $5.6-million Army contract for classified electronic equipment.
Sperry Corp.'
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Sperry Corp. and Burroughs Corp. said Thursday that they are discussing a possible merger that
Burroughs closed in on Sperry on Friday, saying it has begun preliminary discussions with the rival mainframe computer maker about a "business combination."
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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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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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