Fergie's Tech Blog

18 August 1992: Wang Laboratories Files for Bankruptcy

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 (1954-1963), Tewksbury (1963-1976) and Lowell, Massachusetts (1976-1992). At its peak in the 1980s, it had revenues of $3 billion/year and employed over 30,000 people.

The company was always directed by Dr. Wang, who played a personal role in setting business strategy and product strategy and thus must be credited both with the company's successes and failures.

posted by Fergie @ 8/18/2006 12:01:00 AM