Rexon
| Company type | Public |
|---|---|
| Industry | Computer hardware, data storage |
| Founded | 1978 |
| Founder | Ben C. Wang |
| Defunct | 1995 |
| Fate | Declared bankruptcy; acquired by Legacy Storage Systems |
| Headquarters | Longmont , United States |
| Products | Computer systems, tape drives, backup software |
| Parent | Legacy Storage Systems (post-1995) |
Rexon Business Machines, which later became known as Rexon, Inc., was established in 1978 by Ben C. Wang in Culver City, California. The company specialized in manufacturing computer systems for small businesses and emerged as a significant contributor to the magnetic tape data storage industry by producing tape drives and associated equipment. Rexon was publicly traded on NASDAQ under the ticker REXN until it declared bankruptcy in 1995. Following this, it was acquired by the Canadian firm Legacy Storage Systems. The company's last known headquarters were situated in Longmont, Colorado.
Computers and software
Rexon's computing platforms operated on the proprietary RECAP operating system and utilized Thoroughbred Basic, an enhanced version of Business Basic that incorporated built-in operating system commands. As of 2013, a number of Rexon machines were still functional worldwide. The Canadian company encompassIT.ca offers services to transition Rexon/RECAP applications into Microsoft Windows environments.
Divisions
- Scientific Solutions – Obtained through the acquisition of Tecmar and later divested during the 1995 bankruptcy process.
- SyTron – A backup software provider headquartered in Westboro, Massachusetts, sold to Arcada Software in July 1995.
- Tecmar – Acquired in 1986 to strengthen Rexon's portfolio in business computing.
- WangDAT – A manufacturer of DAT/DDS tape drives brought into Rexon's fold in 1991, broadening its storage solutions.
- WangTek – Producer of QIC tape drives based in Simi Valley, California; established as a subsidiary of Rexon in 1982.
- Production plants located in Ponce, Puerto Rico, and Singapore.
Demise
Prior to its bankruptcy filing, Rexon shut down its manufacturing sites in Solon, Ohio, and Ponce, Puerto Rico, centralizing operations in Longmont, Colorado. After being acquired through Chapter 11 bankruptcy proceedings by Legacy, the company was renamed Tecmar Technologies, Inc. (TTInc) and functioned as an independent division. In 1997, Legacy adopted the new name Tecmar Technologies International (TTIntl). The assets of TTInc were sold to Overland Data in 2000. By 2007, the brands Tecmar, WangTek, and WangDAT had been phased out.