Company:OnStream

From HandWiki
OnStream Holdings, Inc.
TypePrivate
FateBankruptcy
Founded1998; 28 years ago (1998) in the Netherlands
FounderWilliam B. Beierwaltes
Defunct2003; 23 years ago (2003)

OnStream Holdings, Inc., was a Dutch computer hardware company that manufactured magnetic tape data storage products. The company was a spin-off of Philips established in 1998 and went bankrupt in both 2001 and 2003.[1]

As a result of its first bankruptcy in 2001, the company was split into two parts, OnStream Data and OnStream MST. The "Data" division manufactured magnetic tape products[2] and the "MST" division produced the thin film tape heads.[3] MST also produced microsieves and microelectromechanical systems products. After the second OnStream bankruptcy in 2003, the MST division was reborn as fluXXion, a maker of high-tech filtering products.[4] fluXXion had some success in filtering beer and other food products but went bankrupt in 2011.[5]

Prior to the first bankruptcy, the CEO was William B. Beierwaltes, a tape systems pioneer and founder of Colorado Memory Systems.[6]

The company's magnetic tape data storage technology was called Advanced Digital Recording (ADR). Tape drives based on this technology were relatively high in data capacity and low in price.

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