Satellite Business Systems
Name Entries
corporateBody
Satellite Business Systems
Name Components
Name :
Satellite Business Systems
Genders
Exist Dates
Biographical History
Satellite Business Systems (SBS), a partnership between IBM, COMSAT and Aetna Life & Casualty, was purchased and merged into MCI as its subsidiary in February 1986. The merger helped to establish MCI as a company associated with IBM, the world's largest computer corporation, and to complete MCI's network with digital satellite technology.
In 1971, MCI started a joint venture with Lockheed Aircraft Corporation - MCI Lockheed Satellite Corporation (MCIL) which applied to construct and operate a domestic communication satellite system. Later, Communications Satellite Corporation (COMSAT) joined the venture and it was renamed CML Satellite Corporation (CML) in January 1973. MCI and Lockheed sold their interests in MCIL to IBM, and when Aetna Life & Casualty joined the partnership in December 1975 the enterprise was renamed Satellite Business Systems. After ten years, SBS was failing financially, and first COMSAT and then Aetna sold their interests to IBM, which in turn looked for an opportunity to abandon its communication business. The IBM-MCI agreement under which IBM acquired a 16 percent stake in MCI and MCI received all the assets and operations of SBS was first announced in June 1985.
eng
Latn
External Related CPF
https://viaf.org/viaf/141904088
https://www.worldcat.org/identities/lccn-n81083772
https://id.loc.gov/authorities/n81083772
Other Entity IDs (Same As)
Sources
Loading ...
Resource Relations
Loading ...
Internal CPF Relations
Loading ...
Languages Used
Subjects
Advertising
Aerospace telemetry
Ariane rockets
Artificial satellites
Artificial satellites
Artificial satellites, American
Artificial satellites in telecommunication
Artificial satellites in telecommunication
Artificial satellites in telecommunication
Business failures
Business forecasts
Business planning
Certificates of incorporation
Consolidation and merger of corporations
Data transmission equipment industry
Data transmission systems
Deceptive advertising
Delta launch vehicles
Earth stations (Satellite telecommunication)
Echo suppression (Telecommunication)
Electromagnetic interference
Electronic mail systems
Executives
Fiber optics
Geostationary satellites
Geostationary satellites
Geostationary satellites
Government marketing
Job Description
Launch vehicles (Astronautics)
Marketing literature
Marketing research
Modems
Satellite dish antennas
Satellite earth stations industry
Satellite insurance
Telecommunication
Telecommunication
Teleconferencing
Teleconferencing equipment industry
Time division multiple access
Traveling-wave tubes
Videoconferencing
Nationalities
Activities
Occupations
Legal Statuses
Places
Convention Declarations
<conventionDeclaration><citation>VIAF</citation></conventionDeclaration>