History
For many years, Dr. Gerpheide and Mr. O'Callaghan traveled in an attempt to convince makers of notebook computer to agree to use GlidePoint. Dr. Gerpheide recalls "We would often drive to the COMDEX trade show in Las Vegas and stay in a seedy hotel. There wasn't money for a booth at the show, so we carried our GlidePoint prototypes around the convention center making demonstrations to whoever was willing to watch. The early prototypes had a suitcase full of electronic circuits. I knew they could be shrunk into an integrated circuit, but we didn't have money for that either. So we were seeking a large leap of faith for a manufacturer to agree to use the technology. It was even worse because at that time most notebook computers were running DOS, which did not need a pointing device!"
In April 1994, Cirque adapted GlidePoint into an integrated circuit and began selling a retail GlidePoint touchpad. The first notebook computer containing GlidePoint appeared soon thereafter. GlidePoint technology was licensed to Alps Electric Corporation LTD, and ALPS launched touchpad products into the market.
Decisions to align itself so close to one OEM, ALPS Electric Corporation, of Japan, prevented the management team to effectively capitalize the company through an IPO, and resulted in the company being purchased at an undervaluation by ALPS in 2003, rendering the original innovator of touch technology to a secondary technology provider.
Read more about this topic: Cirque Corporation
Famous quotes containing the word history:
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)
“The history of the genesis or the old mythology repeats itself in the experience of every child. He too is a demon or god thrown into a particular chaos, where he strives ever to lead things from disorder into order.”
—Ralph Waldo Emerson (1803–1882)
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)