PC Club - History

History

Taiwanese businessman Jackson Lan founded PC Club in 1992 as its first CEO. Following Lan's death in 2005, the company went through turbulent times. Jeff Lan, Jackson's brother, was appointed president of the company in January 2006. On April 8, 2008, Jeff Lan was appointed advisor to a new PC Club chairman, James Cheng, while Sunny Lin was named the company's next president. PC Club filed for Chapter 7 bankruptcy on May 13, 2008. All its brick-and-mortar stores were closed in addition to the company's e-commerce website. On May 16, 2008, the stores and website were reopened after the company was acquired for an undisclosed amount by NAOC Holdings, a leveraged buyout holding company.

On July 23, 2008, PC Club closed 14 of its locations. Less than a week later, on July 29, 2008, the store shut down the remainder of its locations.

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