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 Former Wang headquarters in Lowell, Massachusetts | |
| Company type | Subsidiary |
|---|---|
| Industry | Computer hardware |
| Founded | Cambridge, Massachusetts, US (1951) |
| Fate | Acquired by Getronics |
| Headquarters | Tewksbury, Massachusetts, US (1963–1976) Lowell, Massachusetts, US (1976–1997) |
Key people | An Wang (founder) |
| Products | Word processors, minicomputers, microcomputers |
| Revenue | $3 billion (1980s, peak) |
Number of employees | 33,000 (1980s) |
Wang Laboratories was a US computer company founded in 1951 by An Wang and G. Y. Chu.[1] The company was successively headquartered in Cambridge, Massachusetts (1954–1963), Tewksbury, Massachusetts (1963–1976), and finally in Lowell, Massachusetts (1976–1997). At its peak in the 1980s, Wang Laboratories had annual revenues of US$3 billion and employed over 33,000 people. It was one of the leading companies during the time of the Massachusetts Miracle.[2]
The company was directed by An Wang, who was described as an "indispensable leader" and played a personal role in setting business and product strategy until his death in 1990. The company went through transitions between different product lines,[3] beginning with typesetters, calculators, and word processors, then adding computers, copiers, and laser printers.[4]
Wang Laboratories filed for bankruptcy protection in August 1992.[5] After emerging from bankruptcy, the company changed its name to Wang Global. It was acquired by Getronics of the Netherlands in 1999, becoming Getronics North America, then was sold to KPN in 2007 and CompuCom in 2008.
- ^ Cite error: The named reference
AmStockX.Wangwas invoked but never defined (see the help page). - ^ "Jim Howell on Boston's Economic Development". Future Boston. Archived from the original on March 4, 2016. Retrieved February 14, 2013.
- ^ "The Limits of Strategy: Chapter 7 - Defeated in Succession". Limitsofstrategy.com. Archived from the original on 2016-03-04. Retrieved 2016-05-20.
- ^ Peter J. Schuyten (December 6, 1978). "Wang Labs: Healthy Survivor". The New York Times.
- ^ Adam Bryant (August 19, 1992). "Wang Files for Bankruptcy; 5,000 Jobs to Be Cut". New York Times. Retrieved August 20, 2014.