Dr. an Wang was the name of the guy that started the company. Seems he worked for IBM or NEC or one of the other computer giants and kept getting passed over for promotions (rumor was it was because he was short or because he was Oriental, or because of his name, which would hold some credence based on the comments in this thread so far) so he said "See ya, you losers!" and formed his own computer company based on electronic calculators and word processors. The company did ok selling propriety mainframe computer systems to large corporations and became a playah in the tech industry . . . until Wang's health forced a change in the company's executive leadership, which led to a series of bad business decisions, which led to the company no longer selling its main product: hardware. I guess that's what happens when a small man with big brains turns the ball over to big men with moderate-sized brains.
And so Wang's company filed bankruptcy in the early 1990s and the assets were bought out/merged with another tech playah in trouble - Olivetti, the long-time typewriter company who was losing ground to the PC market.
As a testament to just how good the 1980's Wang systems were, they are still out there and in use, even as the company is trying to resurrect itself as a network services provider in an already tough data networking market.
Everybody Wang Chung tonight.