- Computer Peripherals Inc
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Computer Peripherals, Inc. Former type Private Fate Merged Predecessor Holley Computer Products Successor Centronics Founded 1964 Defunct 1982 Headquarters Rochester, Michigan, United States Products Printers Parent Control Data Corporation Computer Peripherals, Inc. (CPI) was an American manufacturer of computer printers, based in Rochester, Michigan.
CPI's precursor, Holley Computer Products, was formed as a joint venture between Control Data Corporation (CDC) and the Holley Carburetor Company in April 1962. Holley developed and produced a series of drum printers. In June 1964, CDC bought out Holley and partnered with NCR and ICL to form CPI in Rochester.[1]
In the early 1970s CPI also had a branch in Valley Forge, PA. This division made punched card readers and 9-track magnetic tape drives for both parent companies (CDC and NCR).
In 1978 CDC bought controlling interest of CPI. CPI produced several train printers under the CDC and Fastrain brands, including the CDC Model 512 (1967), the Fastrain A 1200 LPM (1969) and the Fastrain 9372-III 2000 LPM (1976).[2]
In 1982, CDC acquired a controlling interest in Centronics in exchange for CPI and $25 million in cash. CPI was merged into Centronics and eventually the Rochester facility was closed.
References
- ^ "CDC Records: Acquisitions, Subsidiaries, and Joint Ventures, 1952-1991". Charles Babbage Institute. http://www.cbi.umn.edu/collections/inv/cdc/cbi00080-01.html. Retrieved 2006-07-07.
- ^ Webster, Edward (2001). Print Unchained: 50 Years of Digital Printing, 1950-2000 and Beyond. Dra of Vermont. ISBN 0-9702617-0-5.
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