Teletype of A. T. & T. Many is the firm which eventually buys its largest customer, or is bought itself by its largest customer. Into the second classification fits the deal by which last week Teletype Corp. of Chicago passed into the American Telephone & Telegraph fold, will be operated as a subsidiary of Western Electric. Chicago Teletype manufactures printing telegraph equipment which transmits typewritten messages automatically and instantaneously between distant offices, enabling telegraph users to send their own "wires" directly, also to receive telegrams and messages from Teletype-equipped branch offices. (TIME...
Business: Deals & Developments: Sep. 29, 1930
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