Micropolis bites the dust
Micropolis ended a 21-year run in the disk-drive business last month when parent company Singapore Technologies shut the doors on the struggling drive manufacturer. Singapore purchased Micropolis in March of last year. The remainder of the company was spun off as StreamLogic Corp.
Micropolis laid off more than 300 employees, mostly in its Chatsworth, CA headquarters.
From 1993 through 1996, Micropolis consistently posted losses in its high-end disk drive operations.