OnStream
| Company type | Public (assumed) |
|---|---|
| Industry | Computer hardware |
| Predecessor | Philips (spin-off) |
| Founded | 1998 |
| Fate | Bankrupt (2001 and 2003) |
| Successor | OnStream Data, OnStream MST, fluXXion (after rebranding) |
| Headquarters | Netherlands |
Key people | William B. Beierwaltes (CEO) |
| Products | Magnetic tape data storage solutions, Advanced Digital Recording (ADR) tape drives |
OnStream Holdings, Inc. was a Netherlands-based computer hardware firm that specialized in magnetic tape data storage solutions. Established in 1998 as a spin-off from Philips, the company experienced bankruptcy proceedings twice, first in 2001 and again in 2003.
After the bankruptcy event in 2001, OnStream divided into two entities: OnStream Data, responsible for manufacturing magnetic tape devices, and OnStream MST, which concentrated on producing thin film tape heads, microsieves, and microelectromechanical systems (MEMS). Following the second bankruptcy in 2003, the MST branch rebranded itself as fluXXion, focusing on producing sophisticated filtration products for sectors such as food and beverage. Although fluXXion achieved some commercial traction, it ultimately filed for bankruptcy in 2011.
Prior to the initial insolvency, William B. Beierwaltes—an industry veteran and founder of Colorado Memory Systems—served as CEO. The company’s flagship technology, Advanced Digital Recording (ADR), provided high-capacity and cost-efficient tape drives designed to meet the increasing need for economical removable storage options.