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[PSUs]| Thursday 21st June 2001 |
Fujitsu sucks up UK stalwart ICL
5:18PM, Thursday 21st June 2001
Thirty-three-year-old International Computers Limited (ICL) has been fully absorbed into its parent company Fujitsu.
The name change will be completed by March 2002, as part of Fujitsu's three-year, $500m advertising campaign. Last year the company added the "A Fujitsu company" tag to its logo.
The killing off of the ICL brand comes just ten months after its IPO was pulled, at a time when the company was estimated to be worth £5bn.
Fujitsu bought ICL, a well-known name in British computing, in 1990. It is also changing the name of New Jersey-based DMR Consulting. Further details of new company names and rollout schedule will be announced in September.
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