Track Data Takes Option To Buy Timesharing Service From Hard-Luck Hale Systems
THIS MONTH'S LEAD STORIES
Track Data Corp. has taken an option to buy the market data timesharing business of struggling Hale Systems, Inc. If the deal goes through, it will put Track into the low-end consumer dial-up business as well as beef up the company's historical pricing capability.
The option calls for Track to port Hale's database and software from Hale's Burroughs host in Palo Alto to Track's Data General host in New York. Once that's complete, Hale will throw a new marketing effort behind the revamped service
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