CORE DUMP
CORE DUMP
Clarification: Contel IPC has not closed its Market Data Systems unit but has abandoned plans to build a video switch. About 30 jobs were eliminated, but MDS President Robert Farrington resigned and was not laid off, says Eamon F. Joyce, vice president of marketing for Contel IPC. The operations of MDS have been transferred from Shelton, Conn. to Contel IPC's main offices in Stamford.
The restructuring at MDS reflects a change in the company's strategy, Joyce says. "We are not in the business of
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