History
The company was founded in 1969 and it has been a subsidiary of Mitsubishi Chemicals since 1990.
- Key dates
- 1969: Information Terminals Corporation, the predecessor to Verbatim, is created.
- 1978: ITC is officially renamed Verbatim.
- 1979: Verbatim goes public; sales grow to $36 million.
- 1985: Eastman Kodak announces its $174 million bid for Verbatim.
- 1990: Mitsubishi Chemical Corporation acquires Verbatim.
- 1992: The company buys Carlisle Memory Products.
- 2005: Shareholder Mitsubishi Chemical Corporation merges with Mitsubishi Pharma Corporation to form Mitsubishi Chemical Holdings Corporation.
Read more about this topic: Verbatim Corporation
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