Wang Laboratories was an American computer company founded in 1951 by An Wang and Ge Yao Chu and based in the Boston area of Massachusetts. It began by making typesetting equipment and desktop calculators, then built a leading business in dedicated word processors in the 1970s and added minicomputers, copiers and laser printers. At its peak in the 1980s it reported annual revenue of about 3 billion dollars and employed more than 33,000 people, and it was a flagship of the Massachusetts Miracle. The company moved its headquarters from Cambridge to Tewksbury, Lowell and finally Billerica. It went public in 1967 on the American Stock Exchange, filed for bankruptcy protection in August 1992, emerged as Wang Global, and was acquired by Getronics of the Netherlands in 1999.
Facts
Founded Year Company Type
Company Type (category) Connections
Founded By
Source An Wang (Wikipedia)
Additional Source Wang Laboratories (Wikipedia)Lead
Led By
Source Wang Laboratories (Wikipedia)
Operates In
Source Wang Laboratories (Wikipedia)
In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Source Wang Laboratories (Wikipedia)Lead, headquartered inQuote, Lead, headquartered in
headquartered in Cambridge, Massachusetts (1954–1963), Tewksbury, Massachusetts (1963–1976), Lowell, Massachusetts (1976–1995), and finally Billerica, Massachusetts
Sources
1. FundingUniverse (International Directory of Company Histories): Wang Laboratories, Inc. History
FundingUniverse (International Directory of Company Histories)History, founding
In 1951 Harvard announced that it was suspending computer research, and Wang left the university. With no contracts and no orders, he started Wang Laboratories later that year
History, public offering
In 1967 Wang went public and sold 210,000 shares of common stock through the New York Stock Exchange.
History, bankruptcy and recovery
down from 13,000 at the time of Wang's filing for bankruptcy
View the Source 2. Wang Laboratories (Wikipedia)
Public stock listing
on the American Stock Exchange
Lead
It was acquired by Getronics of the Netherlands in 1999
Lead, headquartered in
headquartered in Cambridge, Massachusetts (1954-1963), Tewksbury, Massachusetts (1963-1976), Lowell, Massachusetts (1976-1995), and finally Billerica, Massachusetts
View the SourceAn Wang (Wikipedia)
Founded By: An Wang, Wang LaboratoriesQuote, Founded By: An Wang, Wang Laboratories
Wang founded Wang Laboratories in June 1951 as a sole proprietorship.
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