ZETRON ACQUIRES ACOM DIVISION OF PLESSEY ASIA PACIFIC.Zetron Incorporated, Redmond, Wash., has acquired the ACOM (language) ACOM - An early system on the IBM 705.
[Listed in CACM 2(5):16 (May 1959)]. Business Unit from Plessey Asia Pacific Pty Ltd PTY LTD Propriety Limited (company structure in Australia) .
The acquisition includes all products, systems, inherent technology and intellectual property, together with all outstanding contracts. Zetron Australasia Pty Ltd, formerly known as the ACOM Business Division, will be run as a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of Zetron Inc. All of the ACOM management and employees are being retained and the company will continue to function as an autonomous unit.
Zetron Australasia, located in Brisbane Australia, produces a family of multimedia (voice, data, and video) switching, multiplexer See multiplexor and multiplexing.
multiplexer - multiplexor , and network products used in mission-critical applications. Major customers include Public Safety Dispatch Centers throughout Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , Railroad Dispatch Centers, and the Air Traffic Control System in Australia.
For almost 20 years, Zetron Inc. has been recognized as a leading supplier of communication control systems used in small and medium sized command and control centers. The integration of the products of both companies will produce a portfolio of systems that can handle the communication requirements of the largest to the smallest application.
For more information, call 425/820-6363.