History (1993): Rimage Acquires Datapath

Rimage Corp. (Minneapolis, MN), a manufacturer of diskette duplication and diskette finishing equipment has acquired the operations of Datapath Technologies, Inc. (Fremont, CA), maker and seller of entry level diskette duplicators.

Rimage had revenues in 1992 of $13.3 million.

Datapath’s revenues in 1992 were $1.7 million.

Under the terms of the agreement, Rimage will pay a short-term royalty payment to Datapath stockholders based upon the ongoing success of the Datapath sales.

Other recent announcements from Rimage include the October 1993 acquisition of Alf Products , Inc. (Denver, CO) and a strategic alliance formed with disk analyzer A.M.E. ltd. (Dublin, Ireland.)

Rimage has a European headquarter in Germany.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue 71, published on December 1993.

Note: Other later acquisitions of Rimage: Cedar Technologies in CD-R duplication systems in 2000; Qumu in enterprise video communications in 2011 for $52 million