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Wang Laboratories
Wang Laboratories was a computer company founded in 1951 by Dr. An Wang and Dr. G. Y. Chu. The company was successively headquartered in Cambridge, Massachusetts (1954–1963), Tewksbury, Massachusetts (1963–1976), and finally in Lowell, Massachusetts (1976–1997). At its peak in the 1980s, Wang Laboratories had annual revenues of $3 billion and employed over 33,000 people. It was one of the leading companies during the time of the Massachusetts Miracle.〔http://www.futureboston.org/howell.htm〕
The company was directed by Dr. Wang, who was described as an "indispensable leader" and played a personal role in setting business and product strategy until his death in 1990. Under his direction, the company went through several distinct transitions between different product lines.〔http://www.limitsofstrategy.com/chapters/chapter7.html〕
Wang Laboratories filed for bankruptcy protection in August 1992. After emerging from bankruptcy, the company eventually changed its name to Wang Global. Wang Global was acquired by Getronics of The Netherlands in 1999, becoming Getronics North America, then was sold to KPN in 2007 and CompuCom in 2008, after which it no longer existed as a distinct brand or division.
==Public stock listing==
Dr. An Wang took steps to ensure that the Wang family would retain control of the company even after going public. He created a second class of stock, class B, with higher dividends, but only one-tenth the voting power of class C. The public mostly bought class B shares; the Wang family retained most of the class C shares. (The letters B and C were used to ensure that brokerages would fill any Wang stock orders with class B shares unless class C was specifically requested). Wang stock had been listed in the New York Stock Exchange, but this maneuver was not quite acceptable under NYSE's rules, and Wang was forced to delist with NYSE and relist on the more liberal American Stock Exchange.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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