The software scavenger. (Charles Wang of Computer Associates)(Face Value)(Column)
Economist (US), The, June, 1996
Charles Wang, founder of the software company Computer Associates, has a reputation for being ruthless when it comes to taking over other companies. Computer Associates, which averages $3 billion in annual revenues, has bought more than 60 companies and products since its founding in 1976.
THE oceans have crabs. The land has beetles and grubs. The software industry has Charles Wang. All survive at least in part by consuming the dead and dying. In the 20 years since Mr Wang started his firm, Computer Associates, it has bought more than 60 companies and products (most of them fading at the time). With each new meal he has carefully digested the good bits - usually an odd mixture of customers and technology - and spat out the rest - often many of the staff. The result: CA...
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