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Ascential Software Corp. (ASCL) Message Board

  • InvestmentGuru2001 InvestmentGuru2001 Apr 23, 2002 2:06 PM Flag

    From ASCL Website

    This is from the bio on PG at the ASCL website:

    Mr. Gyenes was formerly CEO of Informix Corporation and led the transition from Informix to Ascential. Prior to Informix's acquisition of Ardent Software, Inc., he was chairman, president and CEO of Ardent, which he joined in 1996. Before joining Ardent, he was president and CEO of Racal InterLan, Inc. Previously, Mr. Gyenes served in executive sales, marketing, and general management positions at Prime Computer Inc., Encore Computer and Data General Corporation. Earlier in his career, Mr. Gyenes held technical positions with Xerox Data Systems and IBM.

    Ardent, Racal, Prime, Encore, Data General? How many are still in business? Even Xerox is almost our of business.

    Now what can we expect from ASCL? Another notch on PG's long list of failures...

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    • Depends on how you define 'still in business'. Being bought by a larger corporation is hardly a 'bad' thing. By the measure of corporations who have failed to continue operations:

      Ardent - bought by Informix for $1 billion. VERY successful for all involved with Ardent. Ardent mgmt staged a successful coup and took over Informix, due to prior mgmt failure. Company exists today, with the same products/mgmt team as Ascential Software

      Racal - bought by company that is now NextiraOne
      Prime - out of business
      Encore - still in business today
      Data General - bought by EMC, still a major product line
      Xerox - still a major ($7billion) company
      IBM - Heh.. still one of the biggest technology companies in the entire world

      Doesn't sound like the companies he was involved with did too terribly bad. Only Prime is truly out of business, and EMC/IBM/Xerox are multi-billion dollar companies.

      • 1 Reply to muaddib01721
      • I put up an earlier post about the woes that Prime went through - it was an IFMX story; a company that missed their market, particularly as to MV offerings in Unix, and saw the decline of the minicomputer era.

        Prime was a powerhouse in its day, but that day is long gone.

        These were all successful companies, by any recent measure of the word "successful".

        These people are not here for facts - they're here to make noise, and trouble. Any intelligent reader knows this. It's part of the recreational aspect of Yahoo to reply to them.

    • No bias here, of course ... why not just speak about what you know? Boy, that would reduce your posting count...

      Data General was a high-end MV hardware provider, and Aviion is still around under EMC:

      Ardent is now part of IBM (databases and aux. products), and DataStage is Ascential.

      Prime was one of the largest early MV vendors, along with Microdata. The PC changed the fate of the minicomputer space, along with Intel, which turned it into a commodity. Prime was victim to takeover maneuvers, and missed the cutover to Unix (Pick on SCO, UniData.)

      In 1979 Devcom , who was a Microdata VAR, completed development of the first Pick database implementation on a non-Pick operating system. This product became to be know as Prime INFORMATION. They used Prime Computer Inc. hardware using their operating system called PR1MOS (pronounced Pri-moss). The product was so sucessful, that Prime brought it from Devcom. Prime Computer is now called Computervision Corporation and has ceased development and sales of their hardware platform. They subsequently sold Prime INFORMATION, PI/Open (the Unix version) and related some personnel/technology to Vmark Software, Inc..

      Prime Computers' demise can probably be attributed to several factors:

      Hostile takeover of Computervision Corporation by Prime Computer

      MAI Basic Four hostile takeover bid and subsequent top management turmoil.

      J H Whitney & Co. leveraged buyout of Prime Computer

      Lost focus with what the customer wanted and where the computer industry was going

      Medicore hardware platform and weak software product-lineup, in comparison to the then competitors

      Lack of direction: didn't know if they wanted to leading CAD/CAM vendor or just another mid-ranger hardware vendor

      Failure to produce the CMOS technology CPUs/5000-line of 50 series hardware earlier. Lower operating costs and more industry standard parts

      Failure of the quad-processor hardware line to be developed sucessfully

      Left the development of the Unix implementation of Prime INFORMATION too late

      Missed the Unix boat completely and then didn't know who's hardware to sell. MIPS? Sequent? Hewlett-Packard? Sun? 50 Series with PR1MIX.? Now - none?

      Computervision Corporation is no longer a hardware vendor. It concentrates solely on its (now) main business unit: Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM). Some its' leading customers are Ford Motor Company, Rover Group (U.K.) & Jaguar Cars (U.K).

      • 2 Replies to pickexpert
      • Pick, with all of these reasons that you give for Prime's failure, I can certainly see the same pattern of failure extending into the current Ascential. Losing track of what customers want, senseless acquisitions, weak software product, lack of direction....etc.

        Looks like PG did not learn from his mistakes at Prime....

        Too bad you didn't point this history out to the group BEFORE the BOD picked PG to replace Dex.

      • Ok -- once again for you slow, lower intelligence level people. PG has had one failure after another in terms of making money for shareholders. The only people making money are PG and his cronies. Wherever PG works, shareholders (and most employees) get screwed.

        PG is the prime example of the incompetent CEO who moves from failure to failure, only to fail once again, while enriching himself in the process at the expense of shareholders.

        Bottom line! PG should be booted permanently from corporate America (IMHO).