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Kingston began manufacturing removable disk drive storage products in 1989 in their Kingston Storage Products Division. By 2000, it was decided to spin off the product line and become a sister company, StorCase Technology, Inc. [9] StorCase ceased operations in 2006 after selling the designs and rights to manufacture its products to competitor CRU-DataPort.
David Sun (Chinese: 孫大衛; pinyin: Sūn Dàwèi; born 12 October 1951) [1] is a Taiwanese-American billionaire businessman, co-founder (with John Tu) and COO of Kingston Technology. Early life [ edit ]
They then lost most their money in the 1987 stock market crash and founded Kingston Technology later that same year. [3] In 1996, they sold 80 percent of the company to Softbank for $1.5 billion, before buying it back in 1999 for $450 million.
In another highly publicized investment, SoftBank bought 80% of memory manufacturers Kingston Technology in 1996. When the owners-founders (John Tu and David Sun) announced plans to distribute $100,000,000 of the $1.5B windfall to Kingston employees, it created a very high-profile media stir that lasted well through the 1996 Christmas season ...
The big shareholder groups in Dynacons Systems & Solutions Limited (NSE:DSSL) have power over the company. Institutions often own shares in more established companies, while it's not unusual to ...
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In January 2014, the Toshiba Corporation completed its acquisition of OCZ Storage Solutions, [11] renaming it OCZ and making it a brand of Toshiba. [12]
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