- Escom (computer corp)
: "This article is about the German computer manufacturer. For the South African electricity public utility formerly known as both ESCOM and EVKOM, see
Eskom ."ESCOM, actually Eickmeyer Schmitt Computer Society Ltd., was a German computer company, best known in the
United States ,United Kingdom ,Germany andThe Netherlands as the successful purchaser ofCommodore International in1995 .Escom was founded by Manfred Schmitt of
Darmstadt ,Germany as the computer division of his music company in1986 . It became a separate company in1991 . In1993 , it became a publicly traded company, and it grew rapidly, controlling 11.2% of the German PC market by1994 .In 1995 Escom had bought many branches of the
Rumbelows electrical chain which were being sold off by Rumbelows ownerThorn EMI thus giving Escom a retail presence on high streets in theUnited Kingdom . Also in 1995 Escom bought Commodore International for US$14 million, primarily to get the Commodore brand name. It started using the Commodore name on computers sold inEurope , and established a separate division forAmiga -related technologies. The company grew too quickly, however, and lost 185 million German Marks that year. With no bailout from its shareholders, the company declaredbankruptcy onJuly 15 ,1996 and was liquidated.The Commodore assets were purchased the following year by Tulip Computers, and the Amiga assets by Gateway.
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