casey powell sequent

Photo is dated 04-08-1987.This item is an original collectible vintage print from a news archive, not a digital download or reproduction. Be the first one to write a review. As a subscriber, you have 10 gift articles to give each month. may be used by those companies to build a profile of your interests and show you relevant adverts on other If you do not allow these cookies, you will experience less targeted advertising. Q: Do you see this news more as an affirmation that your technology was good or as an admission that your business wasn't good enough? 1 0 obj A: DEC's pretty prominent, Tandem's pretty prominent. He died in 2009 at age 67. The information collected might relate to you, your preferences or your device, and is mostly "We have made the investments in people who understand the market that is the polar opposite of the PC market " Powell said. Imagine 32 Pentium Pros running together as one machine. Casey was the founder of Sequent Computer Systems in 1983 and acted as president, chairman, and CEO until it was acquired by IBM in 1999 for $1 billion in cash. CNET News.com: What's your overall reaction to being acquired by IBM? If you want to opt out of all of our lead reports and lists, please submit a If you have enabled privacy controls on your browser (such as a plugin), we have processor-based systems. It hasn’t hurt that these computer makers are suddenly flush with cash. They Personal Information. a story that includes fraud, a trip to federal prison and a lot of "After this, they'll release me from the debt.". It's hard to be the little guy on the block and have really great technology and get beaten, just because the other guy is big. We found 11 records for Casey Powell in Renfrew, Bensalem and 7 other cities in Pennsylvania. He says union workers and pensioners are still dealing With the PC "it doesn't matter who you buy it from you just plug it in and use it. This architecture provides low-cost, powerful computer systems replacing giant single processors with inexpensive, mainframe systems. In June 2004, No one in this business is a stranger to the notion...of "cooptition." dell We have a very strong relationship with EMC. Stephen Shankland has been a reporter at CNET since 1998 and writes about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. For example, Sequent recently linked up with the FibreAlliance storage initiative sponsored by EMC, whose products compete with IBM's. But his business If all you have is a hammer, everything looks like a nail. When you visit our website, we store cookies on your browser to collect shares closed at $137.8125, up 43.75 cents, on the New York Stock Exchange. empty-handed investors. Ironically, Sequent has become a victim of its own success. use third-party cookies – which are cookies from a domain different than the domain of the website you are We do not allow you to opt-out of our certain cookies, as they are necessary to sites. Portland but since 2009 has lived in California, where his primary You cannot opt-out of our First Party Strictly Necessary Last year, he appeared on CBS's Undercover Boss, where he portrayed himself as a benevolent CEO tripped up by bad legal advice but intent on making employees' lives better. Grayson was actually running a Ponzi scheme, But you have to be a certain size before you get the critical mass. browser. processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. But overall, he's happy to have a second chance at fulfilling his company's dream. "You fool!" Few on Wall Street expect it to survive as an independent company through the end of 1998. Documents show that and analytics partners. - © 2023 by Government Media Executive Group LLC. Sequent's strategy is something like the popular joke about two men in the woods who find themselves trying to run from a bear Powell said. house is outsized—it's got 10 bedrooms, an indoor basketball court with For more information, visit Fineart1.com. When typing in this field, a list of search results will appear and be automatically updated as you type. What would you gain from using PowerPC chips? However Sequent even with its portfolio of professional services cannot meet all its customers' requirements. Visit www.allaboutcookies.org These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. ; Casey Powell, an entrepreneur, endorser, player, coach and lacrosse ambassador, currently represents Gladiator Lacrosse. able to use or see these sharing tools. TIC has a diverse business platform, creating and providing fine art in original sculptures from small desktop images and collectibles to larger-than-life heroic monuments. Select the best result to find their address, phone number, relatives, and public records. That’s tough. 's server computers, including the RS 6000 and Netfinity lines. A: Very large transaction processing with relational databases, and also data warehousing. federal officials called the largest union pension fraud in U.S. Any such migration will be a while in coming. A: The [Sequent] products they will sell. website. Before founding Sequent, Casey was general manager for Intel’s Microprocessor Operations. A graduate of the United States Merchant Marine Academy, Casey has always volunteered his time in numerous community and professional organizations: former chairman of the National Electronics Association Oregon Chapter, member of the board of the National Electronics Association and president and member of the Board of Trustees for St. Vincent’s Hospital in Portland, Oregon. cpq the other man calls back. https://www.nytimes.com/1999/07/13/business/sequent-computer-systems-to-be-acquired-by-ibm.html. He was sentenced to 18 months in It's very difficult when you're small, when you're a sub-billion-dollar company, playing against guys who are $20-, $40-, $60-, or $80-billion entities. about employees. Регистрирайки се, Вие се съгласявате да получавате информационно съдържание от нас. Background Check Casey Powell Sponsored by Truthfinder Paid Service Search for criminal & traffic records, bankruptcies, assets, associates & more View full report Public Records Sponsored by Spokeo Paid Service Casey J Powell, age 44 C*****@hotmail.com — (217) 276-**** ***** E 300n Rd, Gibson City, IL People don't hear you. It's almost like musical chairs. More than a decade His stock in the company grew to be worth nearly $140 million Compaq bought two server companies last year: Cupertino, Calif.-based Tandem and Digital Equipment Corp. of Maynard, Mass. Targeting cookies may be set through our site by our advertising partners. x��Z[o�H~���0� Everything about the Then there's a shareholder vote. Casey received a Master of Science degree from United States Merchant Marine Academy. The company recently returned to profitability after spending the first three quarters of 1991 mired in red ink. When you have a full bag of tools, then you can apply the appropriate solution. These cookies are not used in a way that constitutes a “sale” of Customers will not make that change straight from such data center stalwarts as Digital Equipment Corp.'s VMS or IBM Corp.'s MVS Powell said. Casey knows how to build a business culture, and there is no one better at business functions and operations. your data under the CCPA. A: Absolutely. history. Sequent’s technology was just the beginning. sqnt It evolved out of that. <> He has a soft spot in his heart for standards groups and I/O interfaces. What does the company say? A: It's like any chip that tends to be lower volume. Q: Did you approach them or did they approach you? Users might run a Unix application on one quad of microprocessors and run Windows NT applications on another quad porting applications from one to the other only when they are comfortable enough. You can provide a solution as long as it's driving a nail into something. Systems co-founder Casey Powell. Today Sequent’s top-of-the-line machine has as many as 32 Intel microprocessors, which can process billions of lines of computer code in a single second. He now lives in a Beverly Hills home (Zillow.com values it at $10 million) and is philosophical about the foreclosure. That would take revenues to more than $1.04 billion. Chipsets have to be redone. ago, Wiederhorn was at the center of the financial meltdown of Capital All the rumors link Dell with Sequent, since Dell is the only PC maker that does not have a medium-to-high-range server division and a services arm to match rivals like Compaq. Mr. Gibson had wanted to leave earlier, Mr. Powell said, but remained to put into effect the restructuring that returned the company to profitability. His first big scoop was about radioactive cat poop. "To His company, Wilshire We also share information about your use of our site with our social media, advertising Realizing that he had lost out on time with his two young children, Mr. Gibson is "going to go to the opposite extreme and then see if he can moderate back the other way," Mr. Powell said. In other words, the company will have to boost its hardware sales by 39% in 1998, when the overall industry is growing at a rate of 9.3% annually, according to International Data Corp., the Framingham, Mass.-based research firm. Sixteen years ago, 18 engineers and executives left the Intel Corporation to create a new company and a new kind of computer that would tie together multiple microprocessors, the brains of personal computers, to achieve power that rivaled conventional minicomputers and mainframes. John McAdam, Sequent’s president, is now publicly predicting that the company could register top-line growth of 25% or more this year. BATTLE GROUND, Wash., October 9, 2018 (Newswire.com) Preferences menu of your browser. Sequent built the world's first symmetric multiprocessor computers by creating an innovative architecture that is still utilized today in multicore commercial multiprocessors. What other examples can you give of server companies that have gone by the wayside? Commission sanctioned his new company, Fog Cutter Capital, for You can usually find these settings in the Options or Preferences menu of your The best result we found for your search is Casey Lawrence Powell age 40s in Cazenovia, NY. Casey knows how to build a business culture, and there is no one better at business functions and operations. While Sequent will be subsumed, its technology will propagate across the IBM product line, including its PowerPC-based RS/6000 servers, he said. This next generation of Sequent's server computers will combine the power A: It's not hard at all. department for further clarification about your rights as a California consumer by using this Exercise My Foundation Michelangelo is excited to have such an experienced, capable and dynamic leader as Casey Powell at its helm, enabling FM to expand and further develop its unique mission and legacy of giving that benefits all involved yet allows all to prosper while focusing on philanthropy. This industry has recently seen rapid consolidation as lower-end computer players like Compaq, Gateway and Dell have sought to expand upwards. Monterey will live on as a new operating system for PowerPC- and Intel-based systems with IBM using Sequent's NUMA (non-uniform memory access) architecture. Those cookies are set by us and called first-party cookies. By signing up, you will receive newsletters and promotional content and agree to our. Do Not Sell or Share My Personal Information, I've been covering the technology industry for 24 years and was a science writer for five years before that. We also Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. The company’s master mold collection contains hundreds of original molds from world-famous artists in the United States and Europe. First and foremost the company had to build "intellectual capital." Please see our FAQ for more 's senior vice president and group executive for servers. A graduate of the United States Merchant Marine Academy, Casey has always volunteered his time in numerous community and professional organizations: former chairman of the National Electronics Association Oregon Chapter, member of the board of the National Electronics Association and president and member of the Board of Trustees for St. Vincent’s Hospital in Portland, Oregon. says. The company introduced a new product line, NUMA Q-2000, a mainframe-class computer, and inked major contracts with Boeing and Oxford Health. ; Casey Powell, an entrepreneur, endorser, player, coach and lacrosse ambassador, currently represents Gladiator Lacrosse. If you do not allow these cookies you may not be Help us tailor content specifically for you: This website uses cookies to enhance user experience and to analyze performance and According to Powell 30 percent of what the company sells is the platform with the remaining 70 percent being professional services. Sequent also has focused on the intangibles necessary to make NUMA-Q a viable solution for the data center Powell said. ). While such a reason is often a euphemism in executive departures, Mr. Powell said yesterday that in this instance his longtime friend and business partner really did intend to immerse himself in family life. Sequent will become a subsidiary of I.B.M., and Sequent's technology, which allows hundreds of processors to act as one large computer, will be folded into I.B.M. 1. His interest in things small began when living in Tokyo in a very small apartment for a very long time. No layoffs are planned, and Mr. Stephenson said I.B.M. company and live in a very nice house is unbelievable," Chamberlain En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part. Social media cookies are set by a range of social media services that we have As a drag racing enthusiast, Casey has acted as a driver, sponsor and team owner with the National Hot Rod Association. The takeover means Powell will lose his independence, but his technology now has a much stronger chance at reaching its potential. %���� A: It's an affirmation. At Sequent, Mr. Powell, who is 48, will add the title of president; he has been chairman and co-chief executive. A cookie is a small piece of data (text file) that a website – when visited by a You have to deal with complexity by centralization, because there aren't enough people anymore. But the acquisition does raise some issues. Anyone can read what you share. And the price is right. Wiederhorn says he Sequent's strategy is to provide the path to Windows NT with NUMA-Q 2000. [2] [3] He is the CEO and President of FAT Brands Inc., a restaurant franchising company that owns 17 restaurant brands and franchises over 2,300 units worldwide. choices) and/or to monitor site performance. says he still owns a 9-acre oceanfront estate in Gearhart but that he's "I don't have any plans to live in Oregon," he PC vultures like Dell and Compaq could find Sequent irresistible. Earlier this week, Mr. Gibson stepped down as president and co-chief executive to spend more time with his family. These high-end systems have a very high technical complexity but very low volume while PCs are the inverse. As a drag racing enthusiast, Casey has acted as a driver, sponsor and team owner with the National Hot Rod Association. According to spokesperson Mike Fay, the company is not eager to merge, but if a suitable suitor comes along there is always the possibility of giving up its independence. Q: But you chose not to use PowerPC. Over the last several years Sequent has been retooling itself for this new market. He has served as an editor at large at CNET News and a contributing reporter to The New York Times' Bits and Technology sections. Wiederhorn grew up in At recent prices Sequent is trading at $21 a share, with a book value of around 14. would add more sales representatives to its server group. You will still Energetic marketing and business development professional with 15+ years of experience in the IT industry. View the profiles of people named Casey Powell. In that case, Casey Powell might never fulfill his dream of joining the billion-dollar-boys club. Sequent servers are used for large database applications. One part of Sequent's strategy is technology which the company addresses with NUMA-Q a high-end server architecture that draws its processing power from large strings of Intel Corp. processors working in parallel. This architecture provides low-cost, powerful computer systems replacing giant single processors with inexpensive, mainframe systems. When 3 0 obj A: We team sell with EMC, we do it with Clariion, and we've done it with Hitachi Data Systems. "They can't see when it will happen...[or] how it will happen. Sequent, based in Beaverton, Ore., is a pioneer in developing general-purpose computers that link many standard microprocessors to equal or surpass the performance of larger, traditional minicomputers and mainframes. It's not a big problem at all. IBM isn't a member and instead prefers to send standards through the Storage Networks Industry Association. What you're looking at now is "recentralization," where those machines are bigger and bigger and bigger and they start to look functionally more like mainframes. suffered a stroke and never went to prison. ''For Sequent, the merger addresses the major issues we faced: size, reach and software availability,'' Casey Powell, Sequent's founder, chairman and chief executive, said in a telephone. Strictly Necessary Cookies - Always Active. You may opt out of our use of such Wilshire spiraled into [4] On the one hand Powell's strategy sounds conservative avoiding any predictions about the death of the mainframe. tracking your browser across other sites and building up a profile of your interests. I have known Casey for over 20 years; he is a true genius ... We are lucky to have him. 1995, before he'd turned 30, Wiederhorn paid $1.5 million for the NUMA-Q runs either Unix or Microsoft's Windows NT or both on the same box. This is what we have been working toward for 15 years. Market capitalization of $700 million just wasn't enough for the maker of high-end servers at the center of corporate operations. Governor Neil Goldschmidt(L) with Casey Powell president of Sequent Computer Systems wearing mask given to him by governorPhoto measures 10 x 8.25 inches. compete...downstream at a higher level of integration. an ornate "W" painted on the floor, a 2,000-square-foot pool house and a You could certainly have something you could demonstrate in a year. He said he expected Mr. Gibson, who is 39, to ultimately serve as an industry consultant. If you look at the list of companies who were in the minicomputer business when we started our industry, Digital was second-largest computer company in the world. would both sell Sequent machines, and fold Sequent's technology, NUMA, for nonuniform memory access, into its own servers. How long would you estimate it takes to produce a PowerPC-based NUMA system? prison; he served 14 months. PC vultures like Dell and Compaq could find Sequent irresistible. IBM wants to make sure it continues to take care of its customers...If you're a computer company and you only have one solution, what happens is the customers's problems tend to get bent around that solution. For chief executive Casey Powell, the move was a bittersweet chapter in a story that began 16 years ago when he quit his job as general manager of Intel's microprocessor operations to start the Beaverton, Oregon, company. funneling money to Wiederhorn in exchange for personal loans. In the federal market that includes such integrators as Electronic Data Systems Corp. Federal Data Corp. and SRA International Inc. Twomey said. ensure the proper functioning of our But those close to Sliceware, which was started by Sequent Computer Systems founder Casey Powell, give different reasons for the reluctance of venture capitalists to back the latest business of . With a solid reputation as a midrange server provider, and a good services operation in place, almost all analysts who follow the company agree that Sequent is a prime takeover candidate. I've got deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and other dee. Wiederhorn We're feeling very positive about the fact that IBM has stepped up and selected us. internet device. Intel is an investor in CNET: The Computer Network. And yet Casey Powell, Sequent founder and chairman, says Sequent's biggest problem is lack of name recognition. There are times when they compete and times when they cooperate. Q: Do you expect Sequent systems to continue being sold with EMC and Clariion and HDS? Probably half of the services component will come from systems integration partners. Historically Sequent developed SMP systems that targeted the midrange computing market which is a different proposition than selling into the data center Powell said. Yes, I also want to receive the CNET Insider newsletter, keeping me up to date with all things CNET. Click on the different category headings to find out more and change our ''Many of us thought this would have made sense a couple of years ago, but I.B.M. Only recently, two large mutual fund families, Fidelity and Capital Research, disclosed that they have each bought more than 5% of the company. Cornell University, +1 more. © 2023 CNET, a Red Ventures company. Project Monterey was the genesis of the acquisition, Powell said. see some advertising, regardless of your selection. We'll send you a newsletter with what you need to know every week. This stuff is getting bigger and bigger and bigger and more and more complex. Become a WW supporter. We are lucky to have him,” says Mark Russo, founder of TIC. probably had to get over a bit of not-invented-here attitude. Sequent shares had traded as low at $5.68 in the last 52 weeks as the company's earnings disappointed Wall Street. The company won acclaim for its products, but after more than a decade trying, it couldn't penetrate the top tier of computer manufacturers. Wiederhorn today owes Citibank $4.3 million on the Portland house, a sum Our business is just the opposite " he said. Q: How will IBM use the Sequent products and technology? A: The first thing that has to be done is a notice has to be sent to shareholders. <> Principal CP Consulting Apr 2020 - Present3 years 2 months Battle Ground, Washington, United States President and CEO Treasure Investments Corporation dba Foundry Michelangelo Oct 2017 - Mar 20191. etc.). "The value proposition is very different.". Casey was the founder of Sequent Computer Systems in 1983 and acted as president, chairman, and CEO until it was acquired by IBM in 1999 for $1 billion in cash.
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