Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: 03.2010
Revision date: 12-Jul-2011
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Abstract
In a 1998 spin-off from Global Electric Corp, the Diversified Electronics Corporation had been given two families of products: The Air Control Group included a variety of devices to manage the composition of the air in controlled situations, and the Health Care Group included pace makers and hearing aids. Subsequent to the spin-off, management decided to push beyond these initial products so that the company now had its own version of a GPS system and had other consumer-oriented products in the pipeline.
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Abstract
In a 1998 spin-off from Global Electric Corp, the Diversified Electronics Corporation had been given two families of products: The Air Control Group included a variety of devices to manage the composition of the air in controlled situations, and the Health Care Group included pace makers and hearing aids. Subsequent to the spin-off, management decided to push beyond these initial products so that the company now had its own version of a GPS system and had other consumer-oriented products in the pipeline.
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