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Wang

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 (19541963), Tewksbury (19631976) and Lowell, Massachusetts (19761997). At its peak in the 1980s, it had revenues of $3 billion/year and employed over 40,000 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[citation needed] both with the company's successes and failures.

Dr. 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.

Under his direction, the company went through several distinct transitions between different product lines.
 

Wang Computers



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 (19541963), Tewksbury (19631976) and Lowell, Massachusetts (19761997). At its peak in the 1980s, it had revenues of $3 billion/year and employed over 40,000 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[citation needed] both with the company's successes and failures.

Dr. 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.

Under his direction, the company went through several distinct transitions between different product lines.

Timeline for Wang :

Date Event
21 Oct 1949 Wang filed a patent for a magnetic ferrite core memory
1953 Jay Forrester installed magnetic core memory at MIT
4 Mar 1956 Wang Sells Core Memory Patent to IBM
1965 Introduction of Wang 300 electronic calculator
3 May 1973 Wang 2200 makes UK debut this month
1976 The 5 1/4" flexible disk drive was introduced


Hardware Products

Wang WLTC 615-2275

Wang WLTC 615-2275
Unknown
Portable computer with integrated printer from Wang.

Manufacturer : Wangtek
Type : Computer

Wangtek 5150 EQ Internal QIC Tape Drive

Wangtek 5150 EQ Internal QIC Tape Drive
Unknown
This internal tape drive is designed to accept DC 6250 data cartridges, each containing 1020 feet of magnetic tape.

Manufacturer : Wangtek
Type : Peripheral

Wang PC-S3-3

Wang PC-S3-3
1984
Wang PC-S3-3 complete with Wang keyboard.

Manufacturer : Wang Laboratories
Type : Computer

Wangtek 5525 EQ Internal QIC Tape Drive

Wangtek 5525 EQ Internal QIC Tape Drive
1st January 1991
This internal tape drive is designed to accept DC 6250 data cartridges, each containing 1020 feet of magnetic tape.

Manufacturer : Wangtek
Type : Peripheral


Software Products

Wang Demo Software

Wang Demo Software
Unknown
...

Manufacturer : Wang
Type : Software


Promotional Items

Wang Computer Networks

Wang Computer Networks
Unknown
4 Page B & W leaflet describing and illustarting Wang computer network system...

Manufacturer : Wang
Type : Promotional Item

Wang 2200VP Data Processing System

Wang 2200VP Data Processing System
1976
2 Page B & W leaflet describing and illustarting Wang 2200VP central processing unit 1976...

Manufacturer : Wang
Type : Promotional Item


Magazine Articles About Wang

 

Wang

 

 

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