SyQuest Technology

SyQuest Technology, Inc. (<a href="/facts/Nasdaq/C6GlcQcB">Nasdaq</a>: SYQT) was an early entrant into the <a href="/facts/Hard_disk_drive/kekLSGSE">hard disk drive</a> market for <a href="/facts/Personal_computers/koaYfNce">personal computers</a>. The company was founded on January 27, 1982 by Syed Iftikar who had been a founder of <a href="/facts/Seagate_Technology/kbkRXJRx">Seagate</a>, along with Ben Alaimo, Bill Krajewski, Anil Nigam and George Toldi. Its earliest products were the SQ306R, a 5 MB 3.9" (100 mm) cartridge disk drive and associated Q-Pak cartridge for <a href="/facts/IBM_XT/5uHxtq6H">IBM XT</a> compatibles. Subsequently a non-removable medium version was announced, the SQ306F.
For many years, SyQuest was the most popular means of transferring large <a href="/facts/Desktop_publishing/gUPtzSnH">desktop publisher</a> documents such as advertisements to <a href="/facts/Printer_(publisher)/lRP2NMT3">professional printers</a>. SyQuest marketed its products as able to give personal computer users "endless" hard drive space for data-intensive applications like desktop publishing, Internet information management, pre-press, multimedia, audio, video, <a href="/facts/Digital_photography/a2UfweJh">digital photography</a>, fast backup, data exchange and archiving, along with confidential data security and easy portability for the road.
The introduction of lower-cost options like the <a href="/facts/Zip_drive/m7mUDXTB">Zip drive</a> which offered similar capacity, and later the <a href="/facts/CD-R/yjBjpaIM">CD-R</a> which was much less expensive once it reached mass-market, seriously eroded SyQuest's sales and the company went bankrupt in 1998. Sales of their existing inventory continued until 2003.

SyQuest Technology open-in-new

SyQuest Technology