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DEAL WILL BOOST IBM'S WORK FOR MERCEDES BENZ.


Byline: Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 

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 AG and International Business Machines Corp. said Monday they would work together on future electronic products for Mercedes vehicles.

IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  already supplies some components for electronics in Mercedes cars and trucks. The new arrangement will give IBM a broader role in designing internal data systems for vehicles.

The agreement was forged forge 1  
n.
1. A furnace or hearth where metals are heated or wrought; a smithy.

2. A workshop where pig iron is transformed into wrought iron.

v.
 last week during a meeting between Mercedes chief executive Helmut Werner and IBM chief executive Louis Gerstner Jr. at the Olympics Olympics Sports medicine An international competition among (traditionally) nonprofessional athletes trained in a particular summer or winter sport, which is held every 4 yrs in a selected city. See Paralympics, Special Olympics, World Medical Games. . Financial terms were not released by the companies.

Cars and trucks typically have many electronic systems, running climate or engine controls. IBM and Mercedes said they would try to develop an overall system that can monitor all the functions, aiming to save money through fewer components.The companies also said they would work on developing a computer that may eventually connect a car to broader computer networks, including those that deliver traffic and business information, even electronic mail.

``Our aim is to make this new technology available as an important innovation in future cars,'' Werner said in a statement. ``IBM is our professional development partner of choice.''

The joint development work will occur at Mercedes-Benz facilities in Esslingen, Germany.
COPYRIGHT 1996 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Date:Aug 6, 1996
Words:195
Previous Article:`SMART PHONE' MAKER EXPANDS REACH THROUGH MERGER.
Next Article:MONTH 1: NEW MANAGER MAKES FEW CHANGES IN MAGELLAN FUND.
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