Honeywell, recognizing the success of the  IBM 1401 Computer , developed a small scale business computer named the Honeywell H-200 which is shown below.  

Totally, there were over 10,000 installed 1401 systems up and running by the mid-1960s. During its lifetime about 20,000 total systems were manufactured, making the IBM 1401 one of IBM's most successful products.

The IBM 1401 was also commonly used as an off-line peripheral controller in many installations converting punched cards to magnetic tape which would be processed on larger computers.

Announced in December 3, 1963, the Honeywell H-200 directly attacked the IBM 1401 using a program named Liberator which could translate the 1401 assembly language to run on the H-200. This made converting to the H-200 comparatively easy.

The H-200 line was discontinued in the early 1970s but not before it replaced numerous IBM 1401's.  It was often referred to as the "Fast 1401" and the "1401 killer."