Information Technology & Services - Palo Alto, California, United States
Memorex Telex (MT) was a computer company. In the past it was one of the largest manufacturers of IBM plug-compatible peripheral equipment. The new strategy was in its core very simple; we had to make a switch from being an IBM compatible peripherals manufacturer to a high-end computer network solutions provider. It took MT almost five years to accomplish the complete turnover, and with success. On a global scale revenue is rising and we are making operational profit again.In the beginning of the century Memorex Telex was bought by EDS which was bought by HP later.