Challenge!” That’s why British-born Peter Bonfield says he shed the cozy security blanket of Texas Instruments in 1981 and stepped into a maelstrom of losses and declining credibility at International Computers Ltd., the second largest systems company in
Despite ICL’s low profile in the
Seeking to make inroads outside the continent, ICL joined forces in 1990 with
Particularly not while margins on open standards products are plunging with frightening velocity. Year-on-year, ICL revenues grew 31 percent in 1992 to a record $4.35 billion, but operating profit dropped 22.3 percent to $106 million.
Furthermore, ICL is facing investigation by the Ministry of Defense in
But while storms rage at ICL headquarters on
“We are No. 3 in retail systems in