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Simple Technology Inc

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BUSINESS
October 25, 1998 | P.J. Huffstutter
Dense-Pac Microsystems Inc. of Garden Grove said it filed a countersuit against Simple Technology Inc., furthering the dispute between the two Orange County companies over technology that boosts the memory capacity of a computer system. The countersuit, filed in district court in Santa Ana, accuses Simple Technology of infringing on Dense-Pac's 1990 patent for "stacking" three-dimensional memory products to allow more memory to be crammed into a smaller space.
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BUSINESS
April 26, 2001
The Santa Ana maker of data storage and memory products reported first-quarter net income of $4 million, or 19 cents a share, down 18% from $5 million a year ago before the company went public. Revenue increased 2% to $58.7 million. Simple Technology launched its initial public stock offering last September.
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BUSINESS
January 9, 2001 | Dow Jones
Simple Technology Inc. said it agreed to pay $1.81 million to a unit of Global Technologies Ltd. and other parties to settle lawsuits alleging breach of contract and warranty. In September 1998, Global's unit said it bought defective hard drives from Simple Technology, a Santa Ana manufacturer of computer memory and storage products. Simple, which had reserved $1.9 million related to the litigation, said it will record a $90,000 gain in the fourth quarter as a result of the settlement.
BUSINESS
January 9, 2001 | Dow Jones
Simple Technology Inc. said it agreed to pay $1.81 million to a unit of Global Technologies Ltd. and other parties to settle lawsuits alleging breach of contract and warranty. In September 1998, Global's unit said it bought defective hard drives from Simple Technology, a Santa Ana manufacturer of computer memory and storage products. Simple, which had reserved $1.9 million related to the litigation, said it will record a $90,000 gain in the fourth quarter as a result of the settlement.
BUSINESS
September 26, 1998 | (Jonathan Gaw)
A dispute between two Orange County companies over technology that increases the memory capacity of computer systems has spilled over to the courts, with Santa Ana-based Simple Technology Inc. filing a lawsuit accusing Dense-Pac Microsystems Inc. of Garden Grove of patent infringement. The suit, filed Wednesday in U.S.
BUSINESS
April 26, 2001
The Santa Ana maker of data storage and memory products reported first-quarter net income of $4 million, or 19 cents a share, down 18% from $5 million a year ago before the company went public. Revenue increased 2% to $58.7 million. Simple Technology launched its initial public stock offering last September.
BUSINESS
April 19, 1996
Simple Technology Inc. said it is establishing a European subsidiary in East Kilbride, Scotland, to accommodate increasing demand for computer memory upgrades and PC card products. The facility will include manufacturing and sales offices. The manufacturing facility is scheduled to open in August, the company said. Simple Technology, founded in 1990, makes more than 1,400 memory products for computers and printers.
BUSINESS
March 16, 2000
Simple Technology Inc., a Santa Ana maker of products that boost the memory capacity of computer systems, hopes to raise up to $57.5 million in its first public offering of stock, according to a document filed with regulators. The company did not disclose in its registration statement filed with the Securities and Exchange Commission how many shares it would sell or when the offering would be made.
BUSINESS
September 7, 1995
Simple Technology Inc., a fast-growing Santa Ana manufacturer of computer memory products, said Wednesday it acquired Kelly Micro Systems, a smaller rival in Irvine. Terms of the acquisition were not released. Privately held Simple Technology, founded in 1990, said it had sales of about $100 million last year. Kelly Micro, formerly a subsidiary of Arizona-based MicroAge Inc.
BUSINESS
June 13, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Computer product maker Simple Technology Inc., which was founded by three brothers in 1990 and quickly became a success, said Friday it plans to sell a chunk of its business to NewCom Inc., a Westlake Village company that makes computer peripherals, such as modems and sound boards. NewCom will buy the Santa Ana-based company's so-called aftermarket business, which focuses on products designed to be added by PC users after they purchase the machines.
BUSINESS
September 30, 2000 | From Times Staff and Wire Services
Shares of Simple Technology Inc. fell 12% Friday, the stock's first day of public trading after the Santa Ana maker of computer memory chips raised $70 million in its initial public offering. The stock price fell $1.31 a share to $9.69 in Nasdaq trading. The company sold nearly 6.4 million shares to underwriters at $11 a share late Thursday, while existing shareholders kept about 30.6 million shares, or 83% of the stock.
BUSINESS
March 16, 2000
Simple Technology Inc., a Santa Ana maker of products that boost the memory capacity of computer systems, hopes to raise up to $57.5 million in its first public offering of stock, according to a document filed with regulators. The company did not disclose in its registration statement filed with the Securities and Exchange Commission how many shares it would sell or when the offering would be made.
BUSINESS
March 16, 2000 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Simple Technology Inc., a Santa Ana maker of products that boost the memory capacity of computer systems, hopes to raise up to $57.5 million in its first public offering of stock, according to a document filed Wednesday with regulators. The company did not disclose in its registration statement filed with the Securities and Exchange Commission how many shares it would sell or when the offering would be made.
BUSINESS
October 25, 1998 | P.J. Huffstutter
Dense-Pac Microsystems Inc. of Garden Grove said it filed a countersuit against Simple Technology Inc., furthering the dispute between the two Orange County companies over technology that boosts the memory capacity of a computer system. The countersuit, filed in district court in Santa Ana, accuses Simple Technology of infringing on Dense-Pac's 1990 patent for "stacking" three-dimensional memory products to allow more memory to be crammed into a smaller space.
BUSINESS
September 26, 1998 | (Jonathan Gaw)
A dispute between two Orange County companies over technology that increases the memory capacity of computer systems has spilled over to the courts, with Santa Ana-based Simple Technology Inc. filing a lawsuit accusing Dense-Pac Microsystems Inc. of Garden Grove of patent infringement. The suit, filed Wednesday in U.S.
BUSINESS
June 13, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Computer product maker Simple Technology Inc., which was founded by three brothers in 1990 and quickly became a success, said Friday it plans to sell a chunk of its business to NewCom Inc., a Westlake Village company that makes computer peripherals, such as modems and sound boards. NewCom will buy the Santa Ana-based company's so-called aftermarket business, which focuses on products designed to be added by PC users after they purchase the machines.
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