- Rexon
Rexon Business Machines, later Rexon, Inc., was a manufacturer of
small business computer systems founded byBen C. Wang in 1978 inCulver City, California . It also became a major manufacturer oftape drive s and related products. At its height, it played a significant role in the development and sale ofmagnetic tape data storage products. It traded on theNASDAQ under the symbol REXN until it filed for bankruptcy in 1995 [ [http://www.findarticles.com/p/articles/mi_m0EIN/is_1995_Sept_13/ai_17396627 REXON announces Chapter 11 filing] ] and was acquired byLegacy Storage Systems , aCanadian company. [ [http://www.findarticles.com/p/articles/mi_m0EIN/is_1996_March_4/ai_18052574 U.S. Bankruptcy Court Approves Legacy Acquisition of Rexon for US$20 Million] ] It was last headquarted inLongmont, Colorado .Rexon computer systems ran a dialect of
Business Basic with operating system primitives right in the language.Divisions
*
Scientific Solutions part of the Tecmar acquisition. Spun off in 1995 as part of the bankruptcy. Focused on data acquisition products for scientific work.
*SyTron - Backup software vandor. Based in Westboro, MA. Sold toArcada Software July 28, 1995. [ [http://www.findarticles.com/p/articles/mi_m0EIN/is_1995_July_28/ai_17367546 REXON announces sale of Sytron subsidiary] ]
*Tecmar - Acquired in 1986. Based nearCleveland, Ohio .
*WangDAT - DAT/DDS tape drive Manufacturer. Independently founded in 1988. Acquired by Rexon in 1991. Based inIrvine, California . [ [http://www.accessmylibrary.com/premium/0286/0286-9246958.html OC drive maker Wangdat jockeying in hot niche] ]
*WangTek - QIC tape drive manufacturer. Based inSimi Valley, California . Founded as a subsidiary of Rexon in 1982.
* Factory inPonce, Puerto Rico .
* Factory inSingapore .Demise
Prior to its bankruptcy filing, Rexon closed the
Solon, OH and Ponce, Puerto Rico facilities. [ [http://www.findarticles.com/p/articles/mi_m0EIN/is_1995_August_8/ai_17118831 REXON announces fiscal third quarter results, new TRAVAN product] ] and moved its operations to Longmont, CO. When Legacy acquired Rexon (out of Chapter 11 bankruptcy), it was renamed Tecmar Technologies, Inc. (TTInc) and operated as an independent subsidiary. In 1997, Legacy changed it's name to Tecmar Technologies International (TTIntl). In 2000, the assets of TTInc were sold to Overland Data, but as of 2007, the Tecmar, WangTek, and WangDAT brands are no longer in use.External links
* [http://www.filmfame.com/bizplan/MotionPictureHallofFameBusinessPlan.doc Includes a biography of Ben C. Wang]
References
Wikimedia Foundation. 2010.
