Vintage XEROX Mainframe Computers FEDERAL RESERVE BANK New York (XDS Sigma promo 1973- 1974 History)
210423 Like and subscribe. This is an archive, check the link in the end if you are owner. Computer History presentation on XEROX Corporation and its purchase of Scientific Data Systems (SDS) SIGMA computers in a vintage 1970's promotional film. We explain the background that led to the SDS purchase see inside the New York Federal Reserve Bank and its Xerox machines, circa 1974.
Xerox purchased Scientific Data Systems company in 1969 and rebranded their mainframe systems (the Sigma line) as Xerox Data Systems (XDS) computers. However, Xerox was not able to grow their market share and suffered from competition from IBM and others. Xerox left the mainframe computer manufacturing business in 1975, selling their interest to Honeywell. Honeywell supported the XDS Sigma line until around 1991, when Honeywell also left the mainframe computer business, due to competition from IBM.
The Xerox footage is undated, but we calculate it is from about 1973 or 1974.
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at 33 Liberty Street in Lower Manhattan, it is the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks.
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