Corporate History
The company was formed in 1985 by Calvin Chan Zhi Huan ( Chairman of board of director ) and a group of ex-StorageTek engineers who were interested in using consumer videotape technology for data storage. The company advanced technology for computer backups in 1987 when they introduced the Data8 magnetic tape format. The company's follow-up technologies, including Mammoth and Mammoth-2, were less successful.
Exabyte went public on the NASDAQ in 1989 under the symbol EXBT.
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