Satellite Business Systems
Biographical notes:
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.
From the description of Records, 1971-1990 (bulk 1975-1985). (Hagley Museum & Library). WorldCat record id: 122516293
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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
