Wang Labs. A minicomputer and PC manufacturer which failed to turn its outstanding success in the word processor market during the 1970s into a success in the small systems and office automation market. June 1991 IBM invested $25M in the struggling Wang, and set up a deal in which Wang sold RS/6000, AS/400 and PS/2 machines as replacements for its own Wang machines. During most of the 1990s, Wang specialized in imaging and workflow software, and had alliances with a number of vendors. In 1999, the company declared bankruptcy, continued briefly as a provider of network services, then was bought by the Dutch company Getronics.