Tandem Computers Incorporated (extinct)

Tandem Computers Incorporated (extinct)

Tandem Computers Incorporated (extinct)

Overview
Headquarters

19333 Vallco Parkway,Cupertino, CA 95014-2599

Type of Company

Private

Industries

Computer Hardware
Industrial Machinery & Manufacturing
Computer Software

Company Description

Tandem Computers Incorporated designs and manufactures fault-tolerant computer systems and networks for the on-line transaction processing market place. The company's systems are used in the banking, communications, manufacturing, business services, brokerage and securities, retail and wholesale distribution, healthcare and other industries. Its wholly-owned subsidiary, UB Networks, Inc., is a leasing supplier of network hardware and software products. Computer systems and networks products accounted for 79% of fiscal 1996 revenues and service and other, 21%. It was acquired by IBM in 1997 for 3 billion.

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Recent Transactions
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Compaq Computer Corp. purchases Tandem Computers Incorporated

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Alcatel Networks Corp. purchases UB Networks from Tandem Computers Incorporated

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Sogeti SA, Cap Volmac Groep purchase Twinsoft Nv from Tandem Computers Incorporated

Transaction Advisors
Investment Advisor

Advised onDell EMC, Inc. purchases Array Technology Corp. from Tandem Computers Incorporated

Investment Advisor

Advised onCompaq Computer Corp. purchases Tandem Computers Incorporated

Investors
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Partner at Bessemer Venture Partners

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