History (1993): LaserTape Systems Out of Business

LaserTape Systems, Inc. (Campbell, CA) is out of business.

This company, where C. Allan Conover was president and CEO, had tried to produce a drive based on a cartridge, an IBM 3480 type one with a half-inch optical WORM tape, using ICI ImageData’s Digital Paper.

StorageTek also a long term plan in this segment.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue ≠63, published on April 1993.