IBM To Sell Off Two-Thirds Of The Rochester Labs
May 9, 2016 Timothy Prickett Morgan
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This news is not entirely unexpected, but it is difficult just the same. The word on the street is that IBM will be selling off about 2 million square feet of the legendary Rochester Labs in the coming year. That is about two thirds of the capacity of the facility, which once housed over 8,000 employees and was the center of gravity for the IBM midrange since it was conceived in 1969. The Rochester Labs, which were established in 1956, are a bit older and were part of the geographic distribution that Big Blue has always liked in its operations, |
