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Comment by Spooky23

Sometimes companies maintain high friction/high cost crap like that to scare off acquisition.

A friend worked for a regional bank that had a strategy of purposeful obsolescence to maintain control with the core shareholders, who were mostly from one family. They were using 1980s era AS/400 systems with terminals as late as 2008, and had only 1 PC assigned to a manager in the branches, with connectivity via ISDN.

parent Spooky23 7 years ago

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