rudy@bdmrrr.bdm.com (Scott W. Rudy III) (03/22/88)
I just heard that Tandy purchased the durable laptop PC company, GRiD.
Apparently there was an article in the Wall Street Journal that
described the deal in detail. Does anyone have any info on this deal?
Will we begin to see GRiDs in Radio Shack stores? Will GRiD's
corporate headquarters get shuffled?
Thank you for any info
--
Scott W. Rudy III Phone: (703) 848-7307
The BDM Corporation Uucp: {rutgers,vrdxhq,rlgvax}!bdmrrr!rudy
7915 Jones Branch Drive rudy@bdmrrr.bdm.com
McLean, Virginia 22102bob@acornrc.UUCP (Bob Weissman) (03/23/88)
In article <966@bdmrrr.bdm.com>, rudy@bdmrrr.bdm.com (Scott W. Rudy III) writes: > I just heard that Tandy purchased the durable laptop PC company, GRiD. This is true. > Apparently there was an article in the Wall Street Journal that > described the deal in detail. Does anyone have any info on this deal? Nothing more than you read in the paper. Holders of Grid stock (i.e., employees, founders, and venture capitalists) will have their shares exchanged for Tandy stock this summer. > Will we begin to see GRiDs in Radio Shack stores? Will GRiD's > corporate headquarters get shuffled? No and no. Grid will continue to do its own sales and marketing. -- Bob Weissman Internet: bob@acornrc.uucp UUCP: ...!{ ames | decwrl | oliveb | apple }!acornrc!bob Arpanet: bob%acornrc.uucp@ames.arc.nasa.gov
markxx@garnet.berkeley.edu (03/23/88)
In article <966@bdmrrr.bdm.com> rudy@bdmrrr.bdm.com (Scott W. Rudy III) writes: >I just heard that Tandy purchased the durable laptop PC company, GRiD. >Apparently there was an article in the Wall Street Journal that >described the deal in detail. Does anyone have any info on this deal? >Will we begin to see GRiDs in Radio Shack stores? Will GRiD's >corporate headquarters get shuffled? > > Thank you for any info >-- >Scott W. Rudy III Phone: (703) 848-7307 >The BDM Corporation Uucp: {rutgers,vrdxhq,rlgvax}!bdmrrr!rudy >7915 Jones Branch Drive rudy@bdmrrr.bdm.com >McLean, Virginia 22102 Another question about the deal: -What effect whill this have on the two companies respective computers? Are we going to start to see Model 100's in brushed black magnesium? Or worse, are GRiD's going to get packaged in tupperware like cases? I really like GRiD's laptops and am planning of getting one in the future. I would appreciate feedback on users of thier machines (via E-Mail please). I wonder what effect this this will have on them in the long run however? I am sure that the technological benfit will be mostly to Tandy's side, but what is going to happen to the GRiD systems?? Thanks in advance. Mark Ritchie markxx@garnet.Berkeley.edu
amlovell@phoenix.Princeton.EDU (Anthony M Lovell) (03/23/88)
I hope that Tandy takes a lesson from GRiD in terms of packaging their machines in a box that looks less like a child's toy. Sheesh! Those candy-ass snow white plastic bubbles the Tandy machines come in make me doubt the favorable reports I hear of the value of these machines. -- amlovell@phoenix.princeton.edu ...since 1963. disclaimer: These are MY opinions. You only WISH they were yours.
govett@avsd.UUCP (David Govett) (03/24/88)
> I just heard that Tandy purchased the durable laptop PC company, GRiD. > Apparently there was an article in the Wall Street Journal that > described the deal in detail. Does anyone have any info on this deal? > Will we begin to see GRiDs in Radio Shack stores? Will GRiD's > corporate headquarters get shuffled? > Will GRiD Shack stores sprout in malls across America? Stay tuned.
geoff@fernwood.mpk.ca.us (Geoff Goodfellow) (03/24/88)
According to sources (NY Times, SF Chronicle, PA Times Tribune, own knowledge): Tandy, which operates Radio Shack, will buy GRiD for $55 Million in Tandy stock (or $2/share of GRiD stock). Tandy will pay GRiD shareholders an additional $32.5 million in Tandy stock in 1990 if GRiD meets some unspecified earnings milestones. GRiD was profitable on sales of $67.5 million last year and is expected to top $100 million this year. GRiD (founded in '79 & intro'd the industries first laptop in '82) would remain a separate operation in Fremont, CA under current management, including Sam Wiegand, chairman & CEO. Tandy said it bought GRiD to give it an entry into upper-level corporate and governmental markets. Under the agreement, GRiD would continue to make/sell computers under its own name. Tandy had no plans to sell GRiD computers in Radio Shack, although GRiD will be able to sell Tandy's standard personal computers either under the Radio Shack label or under GRiD's name. For a review of the recently intro'd 386 laptop,the GRiDCase-1530 (TRS-1530?), see PC Magazine March 29, 1988, Vol 7, #6, Pages 102-106. __ Geoff Goodfellow Menlo Park, CA Owner/Evangelist of GRiD Laptops, GRiD LANs & GRiD File Servers. Geoff@fernwood.mpk.ca.us, fernwood!Geoff@sri-unix.arpa, sri-unix!fernwood!Geoff
tneff@atpal.UUCP (Tom Neff) (03/25/88)
In article <966@bdmrrr.bdm.com> rudy@bdmrrr.bdm.com (Scott W. Rudy III) writes: >I just heard that Tandy purchased the durable laptop PC company, GRiD. ... >Will we begin to see GRiDs in Radio Shack stores? Will GRiD's >corporate headquarters get shuffled? Tandy announced that GRiD will be operated as an independent subdivision, and the current chairman signed a 2-year deal, so I wouldn't worry. Tandy wants to use GRiD's entree into Fortune 500 executive suites as a way to improve its marketing position on the whole product line. According to my salesman, there will be no change in pricing, sales support or customer service anytime soon. GRiD may open some new overseas offices, and some new product lines may use Tandy's manufacturing facilities, but that's all I've heard. The GRiD we know and love[/hate??] will be around for a while -- knock netwood. -- Tom Neff