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Elbit Systems Of America
Elbit Systems Ltd. is an Israel-based international military technology company and defense contractor. Founded in 1966 by Elron, Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles. It is an important company within the defense industry of Israel. Elbit Systems also has subsidiary factories around the world, and sells its products to various countries' militaries. At its subsidiary factories in the United Kingdom and the United States, the company has faced protests for its support of the Israeli military in the ongoing Israeli–Palestinian conflict. The company has also been divested from by international investment firms due to its involvement in the conflict. In 2022, Elbit Systems reported having 18,407 employees, with most of them based in Israel. Elbit Systems' shares are traded on the Tel Aviv and Nasdaq stock exchanges. History Elbit Systems was founded in 1966 by Elron Electronic Industries and the ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Divested
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off som ...
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Elbit Medical Imaging
Elbit Imaging Ltd., formerly Elbit Medical Imaging Ltd., is an Israeli holding company with activities in real estate, medical imaging, hotels, shopping malls, and retail. The company was founded as a spin-off from Elron Electronic Industries and Elbit, to develop and manufacture diagnostic systems and medical imaging devices; in 1999 Elbit Medical Imaging was sold to Europe-Israel Ltd., a company controlled by businessman Mordechai (Moti) Zisser, who turned it into a diversified holding company. History The origins of Elbit Medical Imaging can be traced to 1990, when Elbit's medical arm, at the time a subsidiary of Elron, acquired a majority share in Elscint. Elscint was a company founded in 1969, which developed medical imaging equipment such as MRI and CT scanners. In 1996, Elbit was spun off into three independent companies, and Elbit Medical Imaging was created as separate NASDAQ listed company (ticker symbol:EMITF). During 1999 and 2000 Elscint and Elbit Medical Imaging s ...
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Merkava
The Merkava (, , "chariot") is a series of main battle tanks used by the Israel Defense Forces (IDF) which are the backbone of the Armored Corps (Israel), IDF's Armored Corps. Current iterations of this tank are considered broadly equivalent to the capabilities of the M1 Abrams, Leopard 2 and the Challenger 2. The current Merkava uses the same MTU Friedrichshafen, MTU EuroPowerPack powerplant as a number of other tanks. Development began in 1970, and its first generation, the Merkava Mark 1, entered official service in 1979. Four main variants have been deployed. As of 2023, Merkava Mark 4 Barak is the latest version. The Merkava was first used extensively in the 1982 Lebanon War. The name "Merkava" was derived from the IDF's initial development program name. The tank was developed in the Merkava and Armored Combat Vehicles Division of the Ministry of Defense (Israel), Israeli Ministry of Defense, and most of its parts are manufactured in Israel. The Merkava was designed to pr ...
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IAI Lavi
The IAI Lavi (, "lion") is a single-engined fourth-generation jet fighter, fourth-generation multirole jet fighter developed in Israel, by Israel Aircraft Industries (IAI), during the 1980s. The decision to develop the Lavi was controversial, both with the Israeli public, due to the enormous associated costs, and particularly with the U.S. government due to competition with American jets on the export market. By 1984 Israel, with a population of 4 million, had amongst the world's highest military expenditure as a proportion of GDP, at approximately 18.9%, which was considered unsustainable. These issues contributed to the ultimate cancellation of the aircraft, by the Israeli government, during the flight-test phase of development in August 1987. The Israeli cabinet's late-stage cancellation of the program, by a 12–11 vote, continued to arouse controversy and bitterness in Israel for decades, with Moshe Arens, the main political figure behind the Lavi project, stating in 2013 tha ...
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Datamation
''Datamation'' is a computer magazine that was published in print form in the United States between 1957 and 1998,Venerable IS Journal Shuts Down
Sharon Machlis // ComputerWorld, page 15, 19 January 1998
and has since continued publication on the web. ''Datamation'' was previously owned by QuinStreet and acquired by TechnologyAdvice in 2020. Datamation is published as an online magazine at Datamation.com.


History and profile

Its predecessor started as a trade/engineering magazine called ''Research & Engineering'' (1955–1957). In 1957 it was rebranded to ''The Magazine of Datamation'' (from the issue no. 7), and in ...
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Nixdorf Computer
Nixdorf Computer AG was a West German computer company founded by Heinz Nixdorf in 1952. Headquartered in Paderborn, Germany, it became the fourth largest computer company in Europe, and a worldwide specialist in banking and point-of-sale systems. Labor for Impulstechnik When Nixdorf worked at Remington Rand Corp., he recognized the market potential for calculators. He presented his concept to a few large businesses. The Rheinisch-Westfälisches Elektrizitätswerk (RWE) in Essen showed interest and trust in his ideas, so they gave him 30,000 D-Mark. With that, Nixdorf was able to found the Labor für Impulstechnik on July 1, 1952. The same year, the company delivered their first calculator. Because of their success, the Labor für Impulstechnik delivered to major companies like the Wanderer-Werke in Cologne and the Compagnie des Machines Bull in Paris. In 1954 the company was compelled to move to another office location, because they needed more space. They invented many pr ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Control Data Corporation
Control Data Corporation (CDC) was a mainframe and supercomputer company that in the 1960s was one of the nine major U.S. computer companies, which group included IBM, the Burroughs Corporation, and the Digital Equipment Corporation (DEC), the NCR Corporation (NCR), General Electric, Honeywell, RCA, and UNIVAC. For most of the 1960s, the strength of CDC was the work of the electrical engineer Seymour Cray who developed a series of fast computers, then considered the fastest computing machines in the world; in the 1970s, Cray left the Control Data Corporation and founded Cray Research (CRI) to design and make supercomputers. In 1988, after much financial loss, the Control Data Corporation began withdrawing from making computers and sold the affiliated companies of CDC; in 1992, CDC established Control Data Systems, Inc. The remaining affiliate companies of CDC currently do business as the software company Dayforce. Background: World War II – 1957 During World War II the Un ...
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Bitsavers ComputersArCensus196274 16451676
The Computer History Museum (CHM) is a computer museum in Mountain View, California. The museum presents stories and artifacts of Silicon Valley and the Information Age, and explores the computing revolution and its impact on society. History The museum's origins date to 1968 when Gordon Bell began a quest for a historical collection and, at that same time, others were looking to preserve the Whirlwind computer. The resulting ''Museum Project'' had its first exhibit in 1975, located in a converted coat closet in a DEC lobby. In 1978, the museum, now ''The Digital Computer Museum'' (TDCM), moved to a larger DEC lobby in Marlborough, Massachusetts and opened to the public in September 1979. Maurice Wilkes presented the first lecture at TDCM in 1979 – the presentation of such lectures has continued to the present time. TDCM incorporated as '' The Computer Museum'' (TCM) in 1982. In 1984, TCM moved to Boston, locating on Museum Wharf. In 1996/1997, the TCM History Center (TC ...
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Minicomputer
A minicomputer, or colloquially mini, is a type of general-purpose computer mostly developed from the mid-1960s, built significantly smaller and sold at a much lower price than mainframe computers . By 21st century-standards however, a mini is an exceptionally large machine. Minicomputers in the traditional technical sense covered here are only small relative to generally even earlier and much bigger machines. The class formed a distinct group with its own software architectures and operating systems. Minis were designed for control, instrumentation, human interaction, and communication switching, as distinct from calculation and record keeping. Many were sold indirectly to original equipment manufacturers (OEMs) for final end-use application. During the two-decade lifetime of the minicomputer class (1965–1985), almost 100 minicomputer vendor companies formed. Only a half-dozen remained by the mid-1980s. When single-chip CPU microprocessors appeared in the 1970s, the defi ...
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