Informatics General: Difference between revisions

Revision as of 19:45, 14 July 2025

Revision as of 13:30, 28 July 2025

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==Computing Technology Company subsidiary==

In 1968, Informatics announced it was acquiring a New Jersey firm, Computing Technology Inc.,<ref>{{cite news | url=https://www.newspapers.com/article/the-los-angeles-times/139228963/ | title=Acquisition Approved | newspaper=Los Angeles Times | date=August 30, 1968 | page=15 (Part III) | via=Newspapers.com}}</ref> a transaction that closed during 1969.<ref>{{cite news | url=https://www.newspapers.com/article/the-los-angeles-times/139229016/ | title=Informatics Expands on East Coast | newspaper=Los Angeles Times | date=April 10, 1969 | page=19 (Part III) | via=Newspapers.com}}</ref> This became the Informatics Inc. Computing Technology Company, a wholly- owned operating unit of Informatics that was located in [[River Edge, New Jersey]].<ref>{{cite news | url=https://www.newspapers.com/article/valley-news/139229070/ | title=Albert S. Kaplan Named Executive of Informatics Inc. | newspaper=The Valley News | ___location=Van Nuys, California | date=June 29, 1973 | page=2-A | via=Newspapers.com}}</ref>

Within this subsidiary was the Communication Systems Division, and it developed a communications system for the [[Federal Reserve Bank of New York]].<ref>{{cite news | url=https://www.newspapers.com/article/the-record/139229250/ | title=People in Business | newspaper=The Record | ___location=Hackensack, New Jersey | date=September 12, 1973 | page=B-9 | via=Newspapers.com}}</ref> This was one of several large contracts the River Edge division had with Wall Street firms for joint development of [[bank transfer]] systems and related services, with those other firms including [[Dun & Bradstreet]] and [[Dean Witter]].<ref>{{cite news | url=https://www.newspapers.com/article/los-angeles-evening-citizen-news/139229409/ | title=Business Briefs | newspaper=Citizen News | date=May 21, 1970 | page=17 | via=Newspapers.com}}</ref>