Who is Concurrent Computer Corporation?

Concurrent Computer Corporation is a global supplier of high performance computer systems. The company has been a pioneer in the field of real-time computing and parallel processing. Formed in the 1960s to serve the scientific and engineering market, Concurrent has expanded its reach to the financial and medical administration industries.

Who was a competitor to Concurrent Computer Corporation?

A competitor at this point was Harris Computer Systems, a real-time computer systems enterprise recently spun off from Harris Corporation. In 1995, Harris Computer Systems, led by its chief executive E. Courtney "Corky" Siegel, looked to buy Concurrent Computer Corporation, but the discussions ended in acrimony.

Who is the new chairman of Concurrent Computer Corporation?

Dean W. Freed, a director, will assume the role of chairman for the company, which is based in Tinton Falls, N.J. LEAD: The Massachusetts Computer Corporation said Monday that it will acquire the Concurrent Computer Corporation for $20 a share, or about $230 million.