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Short Take: Tandem increases stake in Mexico

Tandem Computers has said it is taking a 100 percent equity position in Tandem Computers Mexico and will operate it as a wholly owned subsidiary. Tandem Computers Mexico was founded as a joint venture in 1980 with Tandem owning 45 percent of the company. Last month, Compaq purchased Tandem as part of its effort to become an enterprise computing provider.

Tandem Computers has said it is taking a 100 percent equity position in Tandem Computers Mexico and will operate it as a wholly owned subsidiary. Tandem Computers Mexico was founded as a joint venture in 1980 with Tandem owning 45 percent of the company. Last month, Compaq purchased Tandem as part of its effort to become an enterprise computing provider.