UCCEL Wins Praise for Narrowing Focus to Financial Software

American Banker, April 25, 1986 | Go to article overview

UCCEL Wins Praise for Narrowing Focus to Financial Software


UCCEL Wins Praise For Narrowing Focus To Financial Software

NEW YORK -- An industry consultant has lauded UCCEL Corp. for changing itself from a diffused company in many segments of the information services and software field into a well-focused specialist in financial software systems.

Bernard Goldstein, partner in Broadview Associates, a consulting firm in mergers and acquisitions in information services and software, said this week that USSEL's six acquisitions in 1985 were more than any other company in the industry. Automatic Data Processing Inc. and Computer Task Group Inc. had five each.

But Mr. Goldstein pointed out that the Dallas-based UCCEL at the same time had a number of divestments as part of its strategic plan to become a purely banking software house. Formerly University Computing Co., UCCEL started out as a timesharing service in 1963 and adopted its present name in June 1984.

In a talk to the 13th annual financial forum of ADAPSO, the Association of Data Processing Service Organizations, Mr. Goldstein compared UCCEL and Informatics General Corp., Woodland Hills, Calif., a similar firm. He said both at one time were widely diversified in software, data processing and other services.

"UCCEL effectively engaged in a program of metamorphosis into a software company," he said. "Informatics did not, and that led to its takeover by Sterling."

Sterling Software Inc., Dallas, took over Informatics in August 1985 in what Mr. Goldstein said was the first unfriendly acquisition in the industry.

In an interview following his talk, Mr. Goldstein explained that UCCEL decided that its diversified operations were diffusing the attention of management and exposing the company to risk. So it undertook strategic divestitures, getting rid of some processing lines, a European turnkey system company, a British scientific company, and a U. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

UCCEL Wins Praise for Narrowing Focus to Financial Software
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.