Word: vieillard
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...Manhattan last week went two eager makers of business machines with audacious plans to challenge the International Business Machines Corp. in IBM's home market. The foreign businessmen: President Joseph Callies, 50, and General Manager Georges Vieillard, 64, of France's fast-rising La Compagnie des Machines Bull. Barely known outside France ten years ago, Machines Bull manufactures a line of punch-card and sorting machines topped off by computers. Recently it pulled abreast of IBM in many markets of the Continent, is now the biggest computer maker outside...
...trade name of Remington Rand. But sales never amounted to more than $3,000,000 a year. The company believes it can readily market $40 million worth of its computers and other equipment under its own name if a big sales push is made. Last week Callies and Vieillard dickered with Remington Rand, whose contract is expiring, and other U.S. companies for a deal to make an all-out push...
David v. Goliath. In daring to challenge Goliath IBM, Callies and Vieillard know that they are still in point of present gross (estimated for this year at $35 million) a pretty small David. But they count on the fact that they are showing a fast sales-growth rate. Annually since 1946, their exports have risen 25%. Last year they shipped $18 million worth of equipment to customers in 42 countries. Of that, $9,000,000 went to countries in the dollar area...
Automatic Foreman. Machines Bull was founded in 1931 by Vieillard, then an adding-machine-company engineer. He bought the patent rights to a type of punch-card machine, which had been willed to Oslo's Cancer Institute by Norwegian Inventor Fredrik Bull. With only $140,000 in capital, Vieillard soon needed more financing, sold a 70% interest in the company to the wealthy Callies family (paper mills), closely related to the Michelin and Citroen family. With new capital, the company plunged into research, soon turned out a tabulator capable of writing 150 lines a minute when other tabulators were...
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