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#1
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Michael Black wrote:
Chuck Harris ) writes: All because Schlumberger had to get rid of the kit and computer division to avoid an antitrust problem when they bought Fairchild. -Chuck Harris That sounds a bit garbled. It isn't, though. Wasn't Schlumberger out of the picture a lot earlier? Wasn't it Zenith that bought Heath, in the late seventies or early eighties, leading to a period when pre-assembled Heath computers were sold as Zenith's? Schlumberger was/is a conglomerate corporation that is composed of a bunch of dissimilar companies that they bought up and held... much like what IBM, GE and Honeywell do. Schlumberger wanted to get into the semiconducter manufacturing business, so they were looking for a manufacturing plant to buy... Fairchild was up for sale. The FTC strongly suggested to Schlumberger that if they bought Fairchild they MIGHT be taken to court for antitrust violations. The reason for this is Heath was one of Fairchild's major customers. The FTC of that time didn't like anything that was vertical in that way. So, Schlumberger went looking for a buyer for Heath/Zenith, and that buyer was a French company called Group Bull. Group Bull wanted to enter the personal computer market in the worst way, so when they saw that Heath/Zenith, a semi major player in the personal computer and data entry terminal business was up for sale, they jumped. Bull never had any interest in the Heath side of the business, so at the first possible opportunity, they pulled the plug. Heath was set off on their own. With no money, no manufacturing capability, and did I mention no money? What you say about the decline of the kit business is mostly true, but I firmly believe that if FTC hadn't put their nose into the business, and caused Group Bull to buy Heath/Zenith, there would still be a kit company. -Chuck Harris For a more complete discussion of the life of Heathkit, read: "Heathkit, A Guide To The Amateur Radio Products," by Penson. |
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#2
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Chuck Harris wrote:
Michael Black wrote: Chuck Harris ) writes: All because Schlumberger had to get rid of the kit and computer division to avoid an antitrust problem when they bought Fairchild. -Chuck Harris That sounds a bit garbled. It isn't, though. Wasn't Schlumberger out of the picture a lot earlier? Wasn't it Zenith that bought Heath, in the late seventies or early eighties, leading to a period when pre-assembled Heath computers were sold as Zenith's? Schlumberger was/is a conglomerate corporation that is composed of a bunch of dissimilar companies that they bought up and held... much like what IBM, GE and Honeywell do. Schlumberger wanted to get into the semiconducter manufacturing business, so they were looking for a manufacturing plant to buy... Fairchild was up for sale. The FTC strongly suggested to Schlumberger that if they bought Fairchild they MIGHT be taken to court for antitrust violations. The reason for this is Heath was one of Fairchild's major customers. The FTC of that time didn't like anything that was vertical in that way. So, Schlumberger went looking for a buyer for Heath [ I just checked my reference, and I missed a step: Schlumberger sold Heath to Zenith. It was somewhat later when Heath/Zenith developed its line of computers that Heath/Zenith got bought up by Group Bull ] buyer was a French company called Group Bull. Group Bull wanted to enter the personal computer market in the worst way, so when they saw that Heath/Zenith, a semi major player in the personal computer and data entry terminal business was up for sale, they jumped. Bull never had any interest in the Heath side of the business, so at the first possible opportunity, they pulled the plug. Heath was set off on their own. With no money, no manufacturing capability, and did I mention no money? What you say about the decline of the kit business is mostly true, but I firmly believe that if FTC hadn't put their nose into the business, and caused Group Bull to buy Heath/Zenith, there would still be a kit company. -Chuck Harris For a more complete discussion of the life of Heathkit, read: "Heathkit, A Guide To The Amateur Radio Products," by Penson. |
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#3
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On Wed, 30 Jun 2004 20:28:27 -0400, Chuck Harris
wrote: Michael Black wrote: Chuck Harris ) writes: All because Schlumberger had to get rid of the kit and computer division to avoid an antitrust problem when they bought Fairchild. -Chuck Harris That sounds a bit garbled. It isn't, though. Wasn't Schlumberger out of the picture a lot earlier? Wasn't it Zenith that bought Heath, in the late seventies or early eighties, leading to a period when pre-assembled Heath computers were sold as Zenith's? Schlumberger was/is a conglomerate corporation that is composed of a bunch of dissimilar companies that they bought up and held... much like what IBM, GE and Honeywell do. Schlumberger wanted to get into the semiconducter manufacturing business, so they were looking for a manufacturing plant to buy... Fairchild was up for sale. The FTC strongly suggested to Schlumberger that if they bought Fairchild they MIGHT be taken to court for antitrust violations. The reason for this is Heath was one of Fairchild's major customers. The FTC of that time didn't like anything that was vertical in that way. So, Schlumberger went looking for a buyer for Heath/Zenith, and that buyer was a French company called Group Bull. Group Bull wanted to enter the personal computer market in the worst way, so when they saw that Heath/Zenith, a semi major player in the personal computer and data entry terminal business was up for sale, they jumped. Bull never had any interest in the Heath side of the business, so at the first possible opportunity, they pulled the plug. Heath was set off on their own. With no money, no manufacturing capability, and did I mention no money? What you say about the decline of the kit business is mostly true, but I firmly believe that if FTC hadn't put their nose into the business, and caused Group Bull to buy Heath/Zenith, there would still be a kit company. -Chuck Harris For a more complete discussion of the life of Heathkit, read: "Heathkit, A Guide To The Amateur Radio Products," by Penson. Just curious -- I seem to recall a line of stuff called Heathkit Malm-Enke. Does anyone remember what that was about? Or is my cathode getting less cath? |
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