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Memorex

Memorex Corp. began as a computer tape producer and expanded to become both a consumer media supplier and a major IBM plug compatible peripheral supplier. It was broken up and ceased to exist after 1996 other than as a consumer electronics brand specializing in disk recordable media for CD and DVD drives, flash memory, computer accessories and other electronics.

Company type

Public

Computer peripherals, computer media, consumer tape

1961

Laurence L. Spitters, Arnold T. Challman, Donald F. Eldridge, W. Lawrence Noon

November 1996

Brand currently owned by Digital Products International

1961 – Memorex is founded by , Arnold T. Challman, Donald F. Eldridge and W Lawrence Noon with Spitters as president.[9]

Laurence L. Spitters

1962 – Memorex is one of the early independent companies to ship computer tape.

May 1965 – Memorex IPO's at $25 and closes at $32.

1966 – Memorex is first independent company to ship a disk pack.

Jun 1968 – Memorex is first to ship an IBM-plug-compatible disk drive

1970 – Memorex ships 1270 Communications Controller, an IBM 27xx/37xx compatible

terminal controller

1971 – With Memorex forms CMX Systems, a company formed to design videotape editing systems

CBS

Sep 1971 – Memorex launches its consumer tape business

1972 – Memorex launches its "Is it live, or is it Memorex?" campaign

Apr 1981 – Burroughs acquires Memorex

Apr 1982 – Burroughs sells Memorex consumer brand to

Tandy

May 1985 – Burroughs exits OEM disk drive business, selling sales and service to

Toshiba

Sep 1986 – Burroughs acquires and renames itself as Unisys

Sperry

Dec 1986 – Unisys spins off Memorex Media, Telecommunications and International businesses as Memorex International .

NV

Jan 1988 – Memorex-Telex merger

[10]

Dec 1988 – Unisys mainly shuts down large disk business and spins off service and repair as Sequel.

Nov 1993 – Tandy sells Memorex consumer brand to of Hong Kong[11]

Hanny Holdings

Oct 1996 – The U.S. operations of Memorex Telex NV filed for bankruptcy and with court approval were sold November 1, 1996.

[12]

Jan 2006 – acquires Memorex brand for $330 million.[13]

Imation

Jan 2016 – Imation closed on the sale of its Memorex trademark and two associated trademark licenses to DPI Inc., a St. Louis-based branded consumer electronics company for $9.4 million.

[14]

Jan 2024 – Finest Brands, Inc. a Los Angeles-based brand management firm, announces its acquisition of the Memorex brand, its associated global trademark and IP portfolio and its licensees. The terms of the deal were not disclosed.

[15]

Memorex brand site

Memorex History at Computer History Museum website