Stories by Mark Jones and Vivienne Fisher

NEWSFLASH: Memorex Telex in chaos as NCR bites

After months of enduring due diligence from different companies, NCR Australia has bought Memorex Telex from owner Kanematsu Corporation in a move that has seen an exodus of disgruntled employees.

Memorex Telex in Chaos as NCR Bites

NCR Corp.'s Australian subsidiary has bought Memorex Telex from owner Kanematsu Corp. in a move that has seen an exodus of disgruntled Memorex employees. The move comes after Memorex endured months of due diligence investigations by different potential buyers.