EMTEC
Encyclopedia
EMTEC is part of the Dexxon Group headquartered in Gennevilliers, France and markets consumer computer data storage products and other computer
related consumables. Dexxon Group's North American subsidiary, Dexxxon Digital Storage Inc. is located in Lewis Center, Ohio. EMTEC evolved from BASF Magnetics producing magnetic tapes for data storage. Since its sale by BASF, EMTEC has undergone several transformations.
Computer
A computer is a programmable machine designed to sequentially and automatically carry out a sequence of arithmetic or logical operations. The particular sequence of operations can be changed readily, allowing the computer to solve more than one kind of problem...
related consumables. Dexxon Group's North American subsidiary, Dexxxon Digital Storage Inc. is located in Lewis Center, Ohio. EMTEC evolved from BASF Magnetics producing magnetic tapes for data storage. Since its sale by BASF, EMTEC has undergone several transformations.
History
- 1991 - The German chemical company BASFBASFBASF SE is the largest chemical company in the world and is headquartered in Germany. BASF originally stood for Badische Anilin- und Soda-Fabrik . Today, the four letters are a registered trademark and the company is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock...
acquired Agfa-GevaertAgfa-GevaertAgfa-Gevaert N.V. is a European multinational corporation that develops, manufactures, and distributes analogue and digital imaging products and systems, as well as IT solutions. The company has three divisions. Agfa Graphics offers integrated prepress and industrial inkjet systems to the...
's magnetic tape business, creating BASF Magnetics. - 1996 - BASF Magnetics was spun off of BASF into an independent company, but still 100% owned by BASF.
- 1997 - The company changed its name to EMTEC Magnetics after being sold to KOHAP, Ltd., a Korean textile firm with expertise in PETPolyethylene terephthalatePolyethylene terephthalate , commonly abbreviated PET, PETE, or the obsolete PETP or PET-P, is a thermoplastic polymer resin of the polyester family and is used in synthetic fibers; beverage, food and other liquid containers; thermoforming applications; and engineering resins often in combination...
, the base film used for magnetic tape. - 1999 - EMTEC is a compliance-verified licensed manufacturer of LTOLinear Tape-OpenLinear Tape-Open is a magnetic tape data storage technology originally developed in the late 1990s as an open standards alternative to the proprietary magnetic tape formats that were available at the time. Hewlett-Packard, IBM and Seagate initiated the LTO Consortium, which directs development...
technology media products. - 2002 - Due to Asian financial crisis, KOHAP sold EMTEC to Legal & GeneralLegal & GeneralLegal & General Group Plc , commonly known as Legal & General, is a multinational financial services company headquartered in London, United Kingdom. Its products include life insurance, general insurance, pensions and investments. It has operations in the United Kingdom, Egypt, France, Germany,...
Ventures Ltd. (LGV), a British holding company. - 2003, January - EMTEC Magnetics GmbH (a subdivision) files for bankruptcy protection in Germany.
- 2003, October - ImationImationImation is a US based multi-national technology corporation that designs, manufactures and sells recordable data storage media, consumer electronics products and accessories.The company is a 1996 spin off of 3M and is headquartered in Oakdale, Minnesota...
completed its acquisition of certain data storage assets (including patents and licenses) of EMTEC Magnetics GmbH for approximately USD$15M. - 2004 - MPO France, formerly known as Moulages Plastiques de l’Ouest (not to be confused with Magnetic Products OosterhoutRecording Media Group InternationalRecording Media Group International is a Dutch manufacturer of magnetic tape products based in Oosterhout. This plant was initially built by Philips in 1968, and spun off into a joint venture with DuPont, PDM which lasted until 1993...
) acquired certain assets of EMTEC Consumer Media GmbH. This included rights to use the trade name EMTEC. - 2004 - Specialized equipment from EMTEC's Willstätt and Munich plants is liquidated at auction. Some analog audio tape production equipment was acquired by RMGI who now makes EMTEC branded audio tape.
- 2006, May - EMTEC was acquired by The Dexxon Group, a French computer products distribution company.
- 2011- EMTEC began creating rubber animals that separate to reveal a flash drive inside. There are multiple selections, some being a penguin, turtle, rabbit, chicken, clownfish, and dolphin.
Subsidiaries
- PyralPyralPyral SAS is a manufacturer of magnetic recording media products, based in Avranches, France. As of 2004, it is an independent company.Prior to 2004, it was part of EMTEC, BASF, and Rhône-Poulenc....
- Based in AvranchesAvranchesAvranches is a commune in the Manche department in the Basse-Normandie region in north-western France. It is a sub-prefecture of the department. The inhabitants are called Avranchinais.-History:...
France, formerly of the chemical group Rhône-PoulencRhône-Poulenc-History of the company:The Company was founded in 1928 through the merger of Société des Usines Chimiques du Rhône from Lyon and Établissements Poulenc Frères from Paris founded by Étienne Poulenc, a 19th century Parisian apothecary and brought to prominence by his second and third sons Emile...
, made independent in 2004. - EMTEC Magnetics GmbH - Based in Ludwigshafen am RheinLudwigshafen am RheinLudwigshafen am Rhein is a city in Rhineland-Palatinate, Germany. Ludwigshafen is located on the Rhine opposite Mannheim. Together with Mannheim, Heidelberg and the surrounding region, it forms the Rhine Neckar Area....
, Germany and included major coating and converting plants in Willstaett and Munich, Germany, now defunct. - EMTEC Consumer Media GmbH - Based in Ludwigshafen, but included many French assets. This included a cassette fabrication and loading facility in ObenheimObenheimObenheim is a commune in the Bas-Rhin department in Alsace in north-eastern France.-References:*...
. Made independent in November 2002. - EMTEC da Amazônia - Based in Manaus, Brazil, packaging plant.