Fujitsu <6702.T> to create new U.S. company--FT
TOKYO, Nov 13 (Reuters) - Fujitsu Ltd, Japan's largest
computer maker, will announce plans on Monday to create a new
U.S.-based company focusing on servers and storage devices, the
Financial Times reported from Las Vegas.
The report said Fujitsu's intention is to take on market
leaders such as Sun Microsystems Inc <SUNW.O>, Compaq Computer
Corp <CPQ.N> and Hewlett-Packard Co <HWP.N> in the United States
by supplying open systems compatible with Sun's Solaris product
line.
It said the unit would also supply low-end servers based on
Intel Corp <INTC.O> devices as well as storage systems.
In late October, Japanese media reports said Fujitsu planned
to set up a computer server sales company in the United States
next year as part of a move to focus more on servers and move
away from money-losing mainframes.
Fujitsu has been manufacturing and selling IBM-compatible
<IBM.N> mainframes through its wholly owned U.S. subsidiary
Amdahl Corp, but decided to withdraw from the mainframe business
as part of efforts to streamline overseas and hardware operations
and focus on systems and services, the Japanese reports said.
At 0411 GMT, Fujitsu's shares were off 5.01 percent, or 101
yen, at 1,914, pulled down by a general slide in high-tech stocks
in the Tokyo market.
((Tokyo Newsroom +81-3 3432 8022
tokyo.newsroom@reuters.com))
REUTERS |
