While Russian was working at the Electronic Laboratories in the 1960s at Columbia University, he met Charles In the late 1970s a Swiss company, owned by billionaire Walter Haefner, had developed a computer program, Sort. Russel Artzt and Charles Wang formed their own company and bought the company from Haefner. Russell Artzt recently paid a multi-million dollars settlement in the Sanjay Kumar case.
The preceding two statements appear to be incorrect, apparently from confusion with California"s 1987 acquisition of UCCEL Corporation} Haefner still is the majority stockholder of Computer Associates owning over 25% of California Incorporated. Russell Artzt is still the Executive Vice President of products, was President in charge of eTrust and a former member of the Board of Directors of California, Incorporated.
