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WYSE TECHNOLOGY INC. TO ACQUIRE QUME CORP.'S PERIPHERALS BUSINESSES

 SAN JOSE, Calif., Nov. 9 /PRNewswire/ -- Wyse Technology Inc., the world's leading terminal manufacturer, announced today that it has agreed to acquire Milpitas, Calif.-based Qume Corp.'s terminals, monitors, and printer supply businesses, as well as exclusive rights to the "Qume" brand name for approximately $13.8 million. Under the terms of the agreement, the companies expect the acquisition to be completed by Nov. 30, 1993.
 "The Qume Corp. has a worldwide reputation as a manufacturer of high-quality display products," said Daniel Wu, president of Wyse Technology Inc. "We are very excited about the acquisition and the opportunities it will provide for further strengthening our position in the terminal market."
 The acquisition does not include Qume Corp.'s storage controller business, which will continue independent operations as Data Technology Corp. In addition, the acquisition does not include the manufacturing business of Data Technology Corp. Taiwan.
 "Wyse's acquisition of Qume's display products businesses is wonderful news for both Qume and our customers," said Chuck Lejsek, president of Qume's peripheral business division. "Wyse's financial resources and manufacturing expertise will allow us to expand the Qume brand name product offerings and provide the market with a greater range of competitively priced display options."
 Wyse Technology Inc. is a leading supplier of microprocessor-based products, which include terminals, monitors, and open systems-based clients and multiprocessor servers. The company sells its products through distributors, value-added resellers, and original equipment manufacturers. Headquartered in San Jose, Wyse operates sales offices across the United States and Europe and in Canada, Australia, Hong Kong, Taiwan, and Singapore.
 -0- 11/9/93
 /CONTACT: Elizabeth Bellock of Wyse Technology, 408-473-2015/


CO: Wyse Technology Inc.; Qume Corp. ST: California IN: CPR SU: TNM

JL -- NYON1 -- 2532 11/10/93 02:00 EST
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Publication:PR Newswire
Date:Nov 10, 1993
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