"In addition to research and development, Bell Laboratories, Inc. will continue ......
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totally sorta OT but the Bell Labs ref triggered an old memory..

As a young USN vet. elec engineer grad from Marquette in the early 60's with a new family & college debt via Wisconsin's Joe McCarthy "Student Defense Loan" ( where I had to have a notarized signature that I was not a communist!), I was in debt & in search of a company that would pay for my graduate studies.
Bell Labs on the east coast had a Co-Op with Princeton, Hughes had the Hughes Fellowship program in LA, and several companies in the SF Bay Area (a.k.a. Silicon Valley now) were part of the Stanford Honors Program. I really wanted the Bell Labs program & the associated prestige but received and accepted an offer from a Silicon Valley company first . I later received a corresponding offer from Bell Labs but by that time the allure of Sunny California & it's Mt's & Beaches and great weather and Stanfords highly regarded graduate program so decided to "Go West Young Man, Go West".


....now as a Berkshire shareholder, I can say I am part owner of Bell Labs !

ciao