Access control system topologies. 1  Work load on the host PC is significantly reduced, because it only needs to communicate with a few main controllers. 2  The overall cost of the system is lower, as sub-controllers are usually simple and inexpensive devices. 3  All other advantages listed in the first paragraph apply.
This excerpt taken from the CVX 10-K filed Mar 9, 2004. Texaco Merger Transaction. On October 9, 2001, Texaco Inc. (Texaco) became a wholly owned subsidiary of Chevron Corporation (Chevron) pursuant to a merger transaction, and Chevron changed its name to ChevronTexaco Corporation.
In the merger, ChevronTexaco issued approximately 425 million shares of common stock, representing about 40 percent of the outstanding ChevronTexaco common stock after the merger. Further discussion of the Texaco merger transaction is contained on page FS-5 and in Note 2 on page FS-30 of this Annual Report on Form 10-K.