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Topic: Beny Alagem


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In the News (Sun 20 Dec 09)

  
  Beny Alagem   (Site not responding. Last check: 2007-11-05)
Beny Alagem was a former Israeli tank driver and the founder of Packard Bell Electronics, a leading American computer manufacturer during the late 1980s and early 1990s.
Alagem merged his company with NEC in 1996, staying on as president of the division.
However, Alagem, who planned to sell PCs direct and at retail, was unable to duplicate his earlier success in 1999's tougher market and by the summer of 2001, AST had once again disappeared from the market.
www.sciencedaily.com /encyclopedia/beny_alagem   (314 words)

  
 Beny Alagem - Wikipedia, the free encyclopedia
Beny Alagem (born 1953) was a former Israeli tank driver and the founder of Packard Bell Electronics, a leading American computer manufacturer during the late 1980s and early 1990s.
In December 2003, Alagem purchased the Beverly Hills Hilton Hotel from entertainer Merv Griffin.
Alagem continues to invest in real estate and is involved in various telecommunication ventures.
en.wikipedia.org /wiki/Beny_Alagem   (297 words)

  
 Beny Alagem -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-05)
Alagem merged his company with (An acute inflammatory disease occurring in the intestines of premature infants; necrosis of intestinal tissue may follow) NEC in 1996, staying on as president of the division.
Alagem suffered a (A sudden severe instance of abnormal heart function) heart attack in September 1997.
In January 1999, Alagem tried to repeat history again, buying the rights to the (Click link for more info and facts about AST Research) AST Research name from (Click link for more info and facts about Samsung) Samsung.
www.absoluteastronomy.com /encyclopedia/B/Be/Beny_Alagem.htm   (322 words)

  
 G-Tech USA Inc. v. Beny Alagem (California 01/24/2005)   (Site not responding. Last check: 2007-11-05)
We agree with respondents that the best evidence rule does not exclude [*4] Alagem's testimony that he was entitled to this salary and waived its receipt, and that the absence of any documentation to substantiate Alagem's testimony goes to the weight and not the admissibility of the evidence.
Yet Alagem also testified that Vault was a subsidiary of AST, and he offered no testimony or other evidence demonstrating that Vault was the alter [*14] ego of AST or had any liability for AST's debts.
The Alagem deposition was pending, and appellants' efforts to subpoena the financial documents on which the motion relied had been thwarted by respondents' motion to quash.
www.risad.com /CA_G-Tech-Alagem_2005.htm   (3295 words)

  
 [No title]
Alagem represented that he wanted petitioner to join Vault Technologies, an existing company that was going to move to Orange County to accommodate Adamany.
Alagem told him that he owned AST, that AST owned technology essential to the Vault venture, that Alagem intended to spin-off the AST technology into a company to be formed and called Vault, and that Adamany would be an employee of AST until Vault was formed.
Adamany alleges that Alagem failed to disclose that AST was partially owned by a third party and that Alagem did not have authority to spin-off the AST technology to form Vault without the other owner’s approval.
www.courtinfo.ca.gov /opinions/revnppub/B156220.DOC   (1845 words)

  
 Los Angeles Business Journal: Can former Packard Bell chief revive troubled AST? - Beny Alagem acquires AST Research Inc
Alagem wouldn't say how much he paid for the private company, which he renamed AST Computers and has moved from Irvine to Century City, but Samsung executives reportedly put the price at $12.5 million in cash.
Alagem began developing the deal with Samsung almost immediately after stepping down in July from Packard Bell NEC Inc., amid rumors of a rift with the company's majority partners.
If Alagem did pay $12.5 million, it represents a significant loss for Samsung, which paid $377.5 million in 1995 to acquire a 40 percent stake in AST and is believed to have invested as much as $200 million more to keep things afloat.
www.findarticles.com /p/articles/mi_m5072/is_3_21/ai_53713605   (971 words)

  
 Packard Bell names new chief | CNET News.com
Packard Bell NEC has appointed a successor to chairman, president, and chief executive officer Beny Alagem, who said today he was resigning from the company to pursue other interests.
Alagem declined to elaborate about the disagreement, but he seemed to indicate that problems arose in the company's efforts to move beyond its consumer roots and start attacking the commercial market.
While Alagem and the company said that they have been piecing together a new senior management team for the past few months, the resignation--or at least the timing of it--came as a surprise.
news.com.com /2100-1001_3-212893.html   (769 words)

  
 Packard Bell - Wikipedia, the free encyclopedia
In 1986, Beny Alagem and a group of investors bought the Packard Bell name from Teledyne and resurrected it as a manufacturer of low-cost personal computers.
However, Compaq overtook it in retail sales in mid- 1996 and cemented its lead the next year with the release of a $999 PC in March 1997.
Price pressure from Compaq and, later, eMachines, along with continued poor showings in consumer satisfaction surveys made it difficult for the company to remain profitable and led to Alagem's departure in 1998.
en.wikipedia.org /wiki/Packard_Bell   (393 words)

  
 Computergram International: Former Packard Bell-Nec Chief Alagem Buys Ast Name
Beny Alagem, co-founder and former CEO of Packard Bell NEC, has completed a deal with troubled Samsung Electronics subsidiary AST Research Inc, which will see him take over the AST brand name and an exclusive license to its intellectual property portfolio.
Alagem says AST Computers will be an internet-driven company focused on providing computer systems to small and mid-size businesses and the home market.
Alagem insists that, despite impressive growth in the computer industry, small and medium sized businesses remain under-served and over 50% of American homes are still not equipped with computers.
www.findarticles.com /p/articles/mi_m0CGN/is_1999_Jan_12/ai_53555047   (294 words)

  
 COMPUTERWORLD - Számítástechnika
Ezzel kapcsolatban Alagem rámutatott, hogy az amerikai háztartások több mint felében még nincs számítógép.
Alagem még tavaly júliusban hagyta ott a Packard Bell NEC elnök-vezérigazgatói székét, mert nem sikerült megegyeznie a vállalat két tulajdonosával, az NEC-vel és a Bull-csoporttal.
Noha az 1986-ban részben Alagem által alapított Packard Bell többmilliárdos PC-gyártóvá nõtte ki magát, az utóbbi idõben rosszul állt a szénája, és az NEC szerint a Packard Bell a felelõs azért, hogy nem jöttek egyenesbe a közös cég pénzügyei.
www.szamitastechnika.hu /archiv.php?id=1120   (221 words)

  
 RealEstateJournal | Hotel
In December, Beny Alagem, a 50-year-old former Israeli tank driver who in 1986 founded Packard Bell Electronics Inc., now part of Packard Bell NEC Inc., paid at least $130 million to buy it, according to people familiar with the transaction.
Alagem is set to spend an additional $60 million restoring the place.
Alagem is already arranging to expel the ghost of Mr.
homes.wsj.com /propertyreport/hotel/20040223-binkley.html   (981 words)

  
 ► alagem
Alagem is the Founder and Chairman of Calpoint.
Alagem is an entrepreneur with over 20 years of experience in...
Adele and Beny Alagem Shelby and Tom Arnold Lovee and Bob Arum Deborah and Mark Attanasio Cathy and Shel Bachrach Kate Beckinsale and Len Weisman Jenny and Jim Belushi Lauren and Lloyd Braun James...
www.mycriteria.com /links/alagem   (325 words)

  
 Alagem returns to revive Samsung's AST | CNET News.com
Alagem's new company will target small and midsized businesses as well as the home market, relying heavily on e-commerce, according to a prepared statement.
Last September, Alagem formally resigned as chief executive of Packard Bell, having earlier announced his departure amid a lengthy sales slump that cost the Sacramento, California-based company its position among America's top five PC makers.
At the time, sources told CNET News.com that Alagem was retiring because of health problems--Alagem suffered a heart attack in September 1997--but in an interview, Alagem said he was resigning because of a fundamental clash between Packard Bell's original executives, major shareholders NEC, and Groupe Bull.
news.com.com /Alagem+returns+...+Samsungs+AST/2100-1001_3-220007.html   (390 words)

  
 Packard Bell NEC head resigns (InfoWorld)
Beny Alagem has resigned as chairman, president, and CEO of PC giant Packard Bell NEC, citing differences with shareholders NEC Corp. and Groupe Bull, Alagem announced in a statement Tuesday.
Alagem, who co-founded Packard Bell in 1986, has been under fire from NEC, which owns 49 percent of the company, for his failure to reverse Packard Bell NEC's flagging fortunes.
Alagem and his co-founders remain shareholders, currently holding 25 percent of the company.
www.infoworld.com /cgi-bin/displayStory.pl?98071.ecquit.htm   (324 words)

  
 World Briefing
Beny Alagem resigns as head of Packard Bell NEC: Packard Bell NEC's chairman, president and chief executive officer, Beny Alagem, said he resigned from the company to pursue other interests.
In a statement, Alagem said he had fundamental differences with major shareholders NEC Corp and Groupe Bull.
Alagem said NEC and Groupe Bull asked him to remain chairman of the personal computer maker, but he said he decided he would be happier in his own venture.
www.expressindia.com /fe/daily/19980702/18355524.html   (779 words)

  
 Commercial Real Estate Direct - Archon Provides Big Debt Package for Beverly Hilton Hotel   (Site not responding. Last check: 2007-11-05)
The real estate operation of Oasis, which is capitalized by Beny Alagem, is run by Ted Kahan, the former head of real estate for billionaire Marvin Davis.
Alagem in 1986 co-founded Packard Bell Electronics, which was acquired by NEC Corp.
Even though the debt equals the hotel's purchase price, Alagem has evidently committed to invest more than $60 million in the hotel in a massive renovation that will encompass the property's façade and lobby and its guest rooms.
www.crenews.com /crnews/archive/20040114064.html   (391 words)

  
 Samsung sells AST to direct player Alagem   (Site not responding. Last check: 2007-11-05)
Troubled PC maker AST has been bought by former Packard Bell NEC executive Beny Alagem, prompting rumours that the company will be transformed into a direct seller aimed primarily at the US market.
Alagem has bought the company for an undisclosed sum, leaving former owner Samsung with a minority 25 per cent stake and most likely out of pocket on its initial $377m investment.
Burnham added that it is highly likely that Alagem would try and turn AST into a direct brand, but warned, ?It may even be too late given the strength of the competition.
www.vnunet.com /articles/print/2103277   (328 words)

  
 Computable Nieuws: 29/01/99 - Ex-directeur Packard Bell koopt Samsungs AST weg
Beny Alagem, mede-oprichter en voormalig directeur van Packard Bell NEC, koopt 65 procent van de noodlijdende Samsung Electronics-dochter AST.
Alagem zegt dat die nieuwe 'Internet-gedreven' onderneming computersystemen zal leveren aan het midden- en kleinbedrijf en thuisgebruikers.
Alagem houdt vol dat de PC-industrie het mkb nog steeds niet voldoende bedient.
www.computable.nl /artikels/archief9/d04jb9da.htm   (227 words)

  
 02/19/96 PACKARD BELL AND ZENITH DATA: THE TORTOISE AND THE TORTOISE?
From scratch, Beny Alagem built Packard Bell Electronics Inc. into a $4.5 billion PC company in just 10 years.
Alagem won't confirm that Packard Bell lost money in 1995, as analysts contend, but the company is showing all the signs of being in trouble.
Alagem has repeatedly and vehemently denied such reports: ``All the rumors you've heard about our inventory of Pentium 75s are totally fabricated,'' he says.
www.businessweek.com /@@YGTxToQAX1O1cQMA/1996/08/b346346.htm   (663 words)

  
 Former Packard Bell chief buys AST - ZDNet UK News   (Site not responding. Last check: 2007-11-05)
Beny Alagem, the co-founder and former chairman of Packard Bell NEC announced on Sunday that he had bought the AST brand name and technology for his new company, AST Computer Inc. The complex deal gives Alagem a 75 percent share in the new company, which will sell computers to consumers and small- and medium-sized businesses.
Alagem bought the rights and technology from AST Research Inc., a subsidiary of Korean electronics firm Samsung Electronics Co., Ltd. The parent company will hold 25 percent of the new firm, with an option to buy 10 percent in the future.
"Beny has been a guiding force in the computer industry," said Soon Taek Kim, president and CEO of AST Research, in a statement.
news.zdnet.co.uk /business/0,39020645,2070429,00.htm   (589 words)

  
 NEC and Groupe Bull may tighten control over ailing Packard Bell - WhatPC?
The previous day saw Beny Alagem resign as chairman and chief executive, replaced by Groupe Bull's chief operating officer, Alain Couter.
Despite the suggestion that Packard Bell NEC might become a full subsidiary, an NEC statement said that both NEC and Bull are committed to Packard Bell NEC ?remaining an independent US company [since] the dynamics of the PC industry, especially the commercial marketplace, require both a strong US base and penetration into international markets".
Alagem, chairman, president and chief executive officer for two years, was a cofounder and president of Packard Bell Electronics for the eight years prior to the 1996 merger of Packard Bell and NEC?s PC operations.
whatpc.co.uk /vnunet/news/2099347/nec-groupe-bull-tighten-control-ai...   (514 words)

  
 CRN | Alagem To Buy AST
News that former Packard Bell NEC Inc. executive Beny Alagem purchased AST Research Inc. led VARs and analysts to speculate that the company will bypass VARs altogether in favor of a direct/retail model.
Alagem, co founder and former chairman and chief executive of Packard Bell NEC, announced this week that he purchased the AST brand name and intellectual property for an undisclosed amount.
"I don't want to call [Alagem]; an enemy [of the reseller channel], but he just never was a channel player," said Eric Feldman, director of corporate accounts and marketing for Computerland, a VAR based in Plainview, NY.
crn.com /sections/breakingnews/dailyarchives.jhtml?articleId=18800635   (509 words)

  
 Computer Entrepreneur Beny Alagem to Acquire Beverly Hilton from Merv Griffin / December 2003
Oasis West is currently developing plans to renovate the hotel to solidify its reputation as a preeminent hotel in the heart of Beverly Hills.
Alagem’s business career spans 25 years as a successful entrepreneur in the computer, telecommunications, technology and real estate industries.
Alagem has appointed Ted Kahan to serve as president in charge of the day-to-day operations of Oasis Group.
www.hotel-online.com /News/PR2003_4th/Dec03_Alagem.html   (452 words)

  
 Samsung May Sell AST To Ex-Packard Bell CEO   (Site not responding. Last check: 2007-11-05)
Neither Alagem nor AST officials could be reached for comment at publishing time, but a source close to AST confirmed negotiations are taking place.
Alagem reportedly has been working on a start-up PC hardware company since leaving Packard Bell last year.
The precise structure of a deal with Alagem remains sketchy.
www.techweb.com /article/printableArticleSrc.jhtml?articleID=29106367   (209 words)

  
 06/17/96 PACKARD BELL'S CHIEF WAS BORN TO SHOP (int'l edition)
Beny Alagem, chief executive officer of Packard Bell Electronics Inc., knows that the only way to survive in the rough-and-tumble of today's personal computer business is to get big--and get big fast.
On June 4, Alagem announced that the privately held Packard Bell would acquire NEC Corp.'s international PC operations--those outside of Japan and China.
The tricky part for Alagem now is to make sure that his pricier Zenith and NEC brands make enough money to offset the losses and cash-flow bottlenecks that seem to perennially plague the company's consumer-PC line.
www.businessweek.com /1996/25/b3480170.htm   (688 words)

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