Title: | The Digital way of working |
Moderator: | QUARK::LIONEL ON |
Created: | Fri Feb 14 1986 |
Last Modified: | Fri Jun 06 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 5321 |
Total number of notes: | 139771 |
Anybody else read the article in today's Boston Globe on the "return" of Ken Olsen? As many of us know KO has been active in encouraging (financially and otherwise) new ventures from ex-deccies. The one featured in the article is Modular Computing Technologies in Acton. Essentially this company is producing the "tower" that Digital cancelled circa KO's exit. /d.c.
T.R | Title | User | Personal Name | Date | Lines |
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2430.1 | JUPITR::HILDEBRANT | I'm the NRA | Wed Mar 24 1993 13:44 | 3 | |
Any company address's or phone numbers? Marc H. | |||||
2430.2 | Which tower was that? | ROWLET::AINSLEY | Less than 150 kts. is TOO slow! | Wed Mar 24 1993 14:09 | 4 |
The one that had 'universal' connections and allowed you to mix and match CPUs, disks, tapes, etc. in the same cabinet? Bob | |||||
2430.3 | ICS::KAUFMANN | Life is short; pray hard | Wed Mar 24 1993 15:34 | 7 | |
RE: .2 Bob, Yep, that's the one. Mix 'n' match your components. Bo | |||||
2430.4 | Where do I apply??? !!! | FASDER::SHORN | Wed Mar 24 1993 15:36 | 4 | |
How does one get in contact with KO? Either with a business idea and/or to submit a resume to help him put a company together? Scott | |||||
2430.5 | XLIB::SCHAFER | Mark Schafer, ISV Tech. Support | Wed Mar 24 1993 15:38 | 9 | |
Then that report is contrary to what the Globe printed on March 10. In "Ken Olsen: Unretiring", Joan Vennochi writes: "there's no new company, despite rumors he's about to start one. Although he's not bound by a non-compete agreement, Olsen says, 'I wouldn't start a competitor. It's just not my style.' He admits only to THINKING about starting a business." As to KO's investments, he is quoted in the article: "'They all want me to invest. But where I invest, I'm not telling anybody.'" | |||||
2430.6 | Can they do that? | 11SRUS::DELBALSO | I (spade) my (dog face) | Wed Mar 24 1993 15:39 | 8 |
This raises an interesting question - When DIGITAL abandons a product or project, do they relinquish any and all rights/claims/interest in it, thereby making it "fair game" for any entrepreneur to follow up on? Is this generally the case with most companies? -Jack | |||||
2430.7 | XLIB::SCHAFER | Mark Schafer, ISV Tech. Support | Wed Mar 24 1993 15:41 | 5 | |
any product is fair game, abandoned or not. Just don't walk out with any Engineering documents in your hands. They are the property of Digital Equipment Corp. Mark | |||||
2430.8 | Digital owns more than engineering documents | MPGS::SCHOTT | Barbara Schott, Intel Server Systems | Thu Mar 25 1993 09:34 | 19 |
>> any product is fair game, abandoned or not. Just don't walk out with >> any Engineering documents in your hands. They are the property of >> Digital Equipment Corp. I worked in the Data Servers Business Unit before December layoff week. The "tower" shown in the Globe with Barry Goldstein standing next to it was developed in that group and shown at DECworld last year. Towers were also sent out to potential customers who signed PIDs (proprietary information disclosures.) Digital owns more than engineering documents. What about intellectual property? Towers are still in the labs here in Shrewsbury. Some are being used here. I'd like to see the legal department follow up on this. Could someone from legal comment on what Digital owns? My blood began to boil very early in the morning yesterday when I opened my Boston Globe. | |||||
2430.9 | CVG::THOMPSON | Radical Centralist | Thu Mar 25 1993 09:52 | 24 | |
>I'd like to see the legal department follow up on this. Could someone >from legal comment on what Digital owns? If you'd really like Legal to comment you'll probably have to do more then just say so in a Notes conference. This is far from a formal procedure. Of course, if there is something going on that is infringing on Digital's patents or other claim, Digital Legal has never been shy about suing people. One possibility is that Digital has agreed (for compensation maybe) to let some other company build towers. We've done this before. As for KO, if he was starting a company the Globe is probably the last paper he'd tell. Also I wouldn't be surprised if he's investing in more then a few start-ups. He may even be serving on their boards. He may not concider that starting a new company. I'm not sure I would either. Though if I were starting up a company I wouldn't mind using Ken's money. I suspect that his being on the board and available to consult would be worth at least as much as his money to me. Heck, with Ken Olsen on my board I probably wouldn't have much trouble raising money from other sources. Alfred | |||||
2430.10 | but what a commute! | SMAUG::MCDONELL | David McDonell | Thu Mar 25 1993 10:26 | 3 |
I've mailed marked maps for MetroWest and Vermont to the author of the GLOBE article. Both this and the earlier (3/10) version stated that Ken's DEC resident office is in Stowe [sic] (it's in OGO). | |||||
2430.11 | VERGA::WELLCOME | Steve Wellcome PKO3-1/D30 | Thu Mar 25 1993 11:18 | 2 | |
KO always claimed the Globe never got anything right! | |||||
2430.12 | Please post the article ! | ELMAGO::JMORALES | Thu Mar 25 1993 12:43 | 2 | |
Can you please post the article for those of us that are non-Boston residents ? Thanks ! | |||||
2430.13 | not directly from the Globe but close | MASADA::SILVERBERG_M | Mark Silverberg MLO1-5/B98 | Thu Mar 25 1993 15:46 | 140 |
============================================================================ SUBJECT: DIGITAL EQUIPMENT CORP. FOUNDER RETURNS TO ENTREPRENEURIAL RANKS SOURCE: Knight-Ridder via First! by INDIVIDUAL, Inc. DATE: March 24, 1993 INDEX: [3] ---------------------------------------------------------------------------- The Boston Globe via First! : Ken Olsen isn't done yet. The legendary founder of Digital Equipment Corp. has been lying low since being ousted from Digital last year. Now he's betting on a tiny Concord start-up run by a coterie of executives who just left Digital, the computer giant in nearby Maynard, Mass. Modular Computing Technologies Inc. is the first business venture Olsen has been linked to since resigning under pressure in July from the struggling Digital. It marks a return to the entrepreneurial fray for the 67-year-old Olsen, who founded Digital in a Maynard wool mill back in 1957. This time, Olsen is quietly backing an ambitious and secretive three-month- old upstart operating out of a sleek, red brick and glass office building in the Concord-Acton Industrial Park. The 35-person computer firm is an example of a new breed of company that is reshaping the economy in New England and the nation. With behemoths such as IBM, Digital and Sears on the financial ropes, job growth and economic activity increasingly are in the hands of nimble young companies. Indeed, some specialists see the economy dividing into two camps - "elephants" and "gazelles." Many of the emerging companies such as Modular are being started by people leaving the ailing giants such as Digital. Modular won't comment on whether Olsen is funding it. But computer industry sources say the former Digital chief is the financial angel behind Modular, which plans to announce its computer products by midyear. But Modular does say Olsen is serving as its adviser, showing up frequently at the company. "He has been an incredible friend," said Barry C. Goldstein, Modular's president and chief executive officer, who worked as a senior engineer at Digital until January. "He comes over and visits us, offers us advice technically. He is probably one of the most brilliant high- tech minds I have ever met," said Goldstein, a personal friend of Olsen's. "He's bankrolling it," said a Digital executive, who noted that one of Olsen's "stated goals" is to "help Digital people into some new ventures." The computer venture was formed in December, after its parent, Modular Group Inc., raised $1.44 million from a "private investor," according to a financial report obtained by the Boston Globe. Modular says it hasn't any debt and has even turned down venture capital investors. Olsen declined to speak about Modular. But Ann Jenkins, his executive assistant, said: "He is providing general advice that a small company might want from someone who's been there. A lot of people are approaching him. He's having great fun doing it. He works more closely with Modular than the others." Olsen works out of an office in Stowe, only a few miles from Modular. Providing seed money would seem affordable for Olsen. As of September, he owned or had options on 2.6 million Digital shares, or 2 percent of the company's stock. The shares would be worth $117 million today. Olsen also was eligible to receive an estimated yearly pension of $439,303, according to Digital proxy materials. Like Olsen, Modular's principal executives are fresh emigres from Digital. Goldstein, the company's head and chief technologist, worked the past three years at Digital, following a 21-year stint at IBM. Dan Lucky, 48, Modular's vice president of information systems and customer services, spent 19 years at Digital. Stanley R. Miloszewski, 38, Modular's treasurer, and Terry Potter, 45, chief executive of Modular's parent, exited in December from Digital, where they had worked for 9 years and 15 years, respectively. Modular plans a foray into the hot new market for computer "servers." The powerful machines act as a traffic cop on complex networks of personal computers, transporting big chunks of data at high speeds. Servers are usurping mainframes and minicomputers, which generally run on proprietary software. Unlike mainframes and minis, the new generation of servers is designed to work with off-the-shelf software that is standard on today's desktop computer networks. Ironically, by backing Modular, Olsen would help usher out the "Old World" of minicomputers that he pioneered at Digital. In effect, he's embracing the "New World" of "client-server" computing, in which a server directs a network of up to hundreds of desktop "client" machines. Modular claims its forte is good packaging: Its machines will pack the power of a mainframe, yet be as easy to put together as the pieces of a home stereo. Hence the name Modular Computing. One of its typical machines stands chest-high, enclosed in a cabinet made of wood and black-cherry metal. The desktop "client" is a computer barely larger than a brick and weighing less than five pounds. Goldstein likened his computers to "tinker toys" that are easily hooked together. "It's as easy as snapping things together," he crowed as he showed visitors around the company's "engineering pit," a large room where staffers were busy assembling test models. Eyeing the ever-growing market for networked computing, Goldstein ambitiously declared that his goal is $1 billion in annual revenue in three to four years. Robert J. Sakakeeny, an analyst at market researcher InfoCorp., said such torrid growth is "possible," but "they've got to have something dynamite." However, Olsen's backing doesn't necessarily clinch the company's success. "It could help ... if he in fact is involved. Somebody of that stature is going to open a lot of doors," said Sakakeeny. However, "he left (Digital) under a cloud. It cuts both ways," the analyst said. No matter, Modular seems to fit Olsen's interests. At Digital, Goldstein worked on high-end data servers, a pet project of Olsen's that was killed after the founder's exit. "Ken loves good packaging. He personally was sponsoring this (project). Then it was cancelled in November," said Carl Redfield, a former manufacturing manager at Digital. "Ken and Barry spent a lot of time together. Ken was interested in the superserver area," said Grant Saviers, a 24-year Digital veteran who is now president of Adaptec Inc., a Milpitas, Calif., electronics company. "We are bringing together people who had dreams about what computing should look like," said Goldstein. "Digital chose not to have this dream." It's a dream that may be getting overcrowded. Server start-ups are cropping up around the country. And mainstream computer makers such as IBM, Compaq and even Digital, are pushing into servers. InfoCorp.'s Sakakeeny estimated the worldwide server market, including software and peripherals, at $17 billion for 1993, growing to $28 billion in 1997. "The good news is they're in a hot market, but the bad news is it's crowded," said Sakakeeny. By Maria Shao, The Boston Globe [03-24-93 at 15:10 EST, Copyright 1993, Knight-Ridder/Tribune Business News, File: t0324150.804] ============================================================================ | |||||
2430.14 | The Entrepreneur of the Century | ELMAGO::JMORALES | Thu Mar 25 1993 16:33 | 11 | |
This truly looks like (Product X - Code Name is DEC Proprietary and Confidential) that was 're-directed' to what is being proposed now. Also looks very similar to the situation that occurred early in the 70's with Data General. Several engineers got tired and went out founded a company that focused more on technology. If this is true and he (Mr. Olsen) is really involved.....will history repeats itself again. Truly remarkable if it even get close. He (Mr. Olsen) will truly be the 1900's Ultimate Entrepreneur or The Entrepreneur of the Century ! | |||||
2430.15 | Hmmmm.....Modular Computing ....wonder who their primary chip vendor will be? | 28250::STENGEL | Fri Mar 26 1993 08:04 | 13 | |
Say more about the TOWER project. Did the design allow for integration of an AXP CPU? Concerning failed projects and people starting over, I do know that a project team at uh.....UTC-MOSTEK for example known as the Edison project was discontinued and resurfaced a few months later as Flex computer. My understanding was that there were not hard feelings, just an inability to sustain investment into the board and cabinet level systems design while the core business (DRAM-ASIC-Telecom) chips were selling at less than cost. Another example is CONVEX. I don't think in that case they took any technology but as the Cooper's and Lybrand advertisement states -Not only knowledge but KNOW HOW.... | |||||
2430.16 | Oh well... | BOOKS::ANGELONE | Failure: line of least persistence. | Fri Mar 26 1993 08:24 | 11 |
RE: last and Hi Barb in .8 (I was alittle upset too..) Absolutely ! The tower(s) could accomodate a wide range of CPUs. The test beds were INTEL Express. The final product was to be AMI based. Upgrade to PENTIUM, and OF COURSE, ALPHA. Go figure... Rick A | |||||
2430.17 | ? | FROZEN::CHERSON | the door goes on the right | Fri Mar 26 1993 11:50 | 4 |
re: .8 Why the indignant reaction? You sound as if you think that KO is "stealing" from dear old Digital. | |||||
2430.18 | AIMHI::COOLE | Fri Mar 26 1993 16:12 | 6 | ||
I'm reading this note for the first time and I thought it was common knowledge that KO had started a new company, It was mention to me by a TSFO friend who interviewed with them in the beginning of Febuary Dave | |||||
2430.19 | KO on TV? | ODIXIE::RYANKE | Kevin Ryan @MTO DTN 360-5115 | Fri Mar 26 1993 16:20 | 8 |
Someone said KO was on a national TV show this morning talking about his new company. My source was once removed from the person who viewed it and did not provide much in the way of details. I have since been looking through notes files trying to find details to no avail. Anyone have any more information on this? Kevin |