Wang Laboratories, Inc. - Specimen Stock Certificate
Inv# GS3081 Stock
Specimen Stock printed by American Bank Note Company. Wang Laboratories was a computer company founded in 1951, by An Wang and G. Y. Chu. The company was successively headquartered in Cambridge, Massachusetts (1954–1963), Tewksbury, Massachusetts (1963–1976), and finally in Lowell, Massachusetts (1976–1997). At its peak in the 1980s, Wang Laboratories had annual revenues of $3 billion and employed over 33,000 people. It was one of the leading companies during the time of the Massachusetts Miracle.
The company was directed by An Wang, who was described as an "indispensable leader" and played a personal role in setting business and product strategy until his death in 1990. Under his direction, the company went through several distinct transitions between different product lines, beginning with typesetters, calculators and word processors, then adding computers, copiers and laser printers.
Wang Laboratories filed for bankruptcy protection in August 1992. After emerging from bankruptcy, the company eventually changed its name to Wang Global. Wang Global was acquired by Getronics of the Netherlands in 1999, becoming Getronics North America, then was sold to KPN in 2007 and CompuCom in 2008, after which it no longer existed as a distinct brand or division. Read more at https://en.wikipedia.org/wiki/Wang_Laboratories
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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