Nexos
From Graces Guide
1978 Established by National Enterprise Board to market and support established office machinery products, and to coordinate and where necessary develop an integrated range of products for the electronic office
Received funding from the DTI
Subsequently criticised for building a large organisation ahead of sales and undertaking too much development.
Main suppliers were Logica VTS and Muirhead Office Systems - subsequently the NEB was criticised for not including penalty clauses in case of delay in the contracts
1981 After failure of the 2200 word processor, the decision was taken to run down the company
1982 The word processor was sold to ICL
1986 DTI and NEB criticised in report looking into the collapse of the company
See Also
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Sources of Information
- The Times January 17, 1986