September 26, 1998 |
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.
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.
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.
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.
October 12, 1995 |
Masoud and Manoush Moshayedi's brother kept telling his two older siblings that they should get into the computer business because that's where the future was. It took a couple years of nagging by Mark Moshayedi, a UC Irvine-trained electronics engineer, but his brothers finally listened. In 1990, with $100,000 of savings, they started a little computer memory products company, Simple Technology Inc., in Santa Ana. It was not a bad move. This month the company made its debut on Inc.
September 30, 2000 |
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.