Iomega Corporation
<company, storage> A storage device manufacturer whose major products are
the Zip and Jaz removable disk drives and Ditto tape drives. They became popular
with an early product called the Bernoulli Box.
These products fall in line with their focus set in 1994 "to help people manage
their stuff". The company's stated aim is to create portable, fast, large and
cheap storage solutions. Iomega's major competitor in the growing market for
removable disks is SyQuest, who seem to always be a few weeks behind them.
In general, Iomega target the Small Office/Home Office. They are also
investigating the growing digital photography market which also needs large
removable storage devices.
Iomega's president and CEO is Kim Edwards. They have nearly 2000 employees in
offices world-wide. Revenue for the quarter ending Dec 1996 was $371 million and
net income was $20 million.
Headquarters: Roy, Utah, USA.
Home.
(1997-04-15)
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