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Article: FROM CASH REGISTERS TO HIGH-TECH CASH FLOW
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- December 4, 1990
- Author:
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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DAYTON, Ohio - A proposed merger between AT&T and NCR Corp.
comes at a time when NCR is at the zenith of its transformation
from a maker of low-tech cash registers to a leading producer of
innovative computer systems.
NCR chairman Charles E. Exley Jr. said yesterday his company
opposes American Telephone & Telegraph Co.'s offer to buy NCR for
$6 billion because it would distract NCR from its plans to market a
new line of computers in the 1990s.
NCR was founded in 1884 when John Henry Patterson bought the
National Manufacturing Co. and renamed it National Cash Register.
The company nearly cornered the market in cash registers, creating
thousands of jobs for the Dayton-area economy.
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