SYQT Overview

  • Year Founded
  • 1982

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,107

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $9.1M

SYQT General Information

Description

Manufacturer of removable cartridges and hard disk drives for computers. The company's principal products are 3.5-inch and 5.25-inch cartridges, drives and storage systems used with personal computers and workstations, thereby providing solutions to customers.

Contact Information

Website
www.syquest.com
Formerly Known As
SyQuest Technology
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 3637 Snell Avenue
  • Suite 246
  • San Jose, CA 95136
  • United States
+1 (408)
Primary Industry
Computers, Parts and Peripherals
Acquirer
Vertical(s)
Corporate Office
  • 3637 Snell Avenue
  • Suite 246
  • San Jose, CA 95136
  • United States
+1 (408)

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SYQT Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 01-Apr-1999 $9.1M Completed Bankruptcy: Admin/Reorg
5. Bankruptcy: Admin/Reorg 01-Nov-1998 Completed Bankruptcy: Admin/Reorg
4. PIPE 06-Oct-1997 Completed Profitable
3. PIPE 03-Apr-1997 Completed Profitable
2. IPO 18-Dec-1991 $104M Completed Profitable
1. Early Stage VC $104M $104M Completed Startup
To view SYQT’s complete valuation and funding history, request access »

SYQT Patents

SYQT Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-9802298-A Disk cartridge with rotatable cartridge door Inactive 31-Oct-1997
EP-0886860-A1 Removable cartridge disk drive for receiving a cartridge and method of inserting the cartridge Inactive 13-Nov-1995
GB-2335786-B Disk drive system and removable disk cartridge adapted for downward compatibility Inactive 10-Mar-1995
GB-2335786-A Distinguishing between different capacity removable disk cartridges Active 10-Mar-1995
GB-9911576-D0 Disk drive system and removable disk cartridge adapted for downward compatibility Active 10-Mar-1995 G11B5/012
To view SYQT’s complete patent history, request access »

SYQT Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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SYQT Former Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Abingworth Venture Capital Minority
Alta Berkeley Venture Capital Minority
Bessemer Venture Partners Venture Capital Minority
Bigler Investment Management Company Corporation Minority
Burr, Egan, Deleage Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

SYQT FAQs

  • When was SYQT founded?

    SYQT was founded in 1982.

  • Where is SYQT headquartered?

    SYQT is headquartered in San Jose, CA.

  • What is the size of SYQT?

    SYQT has 1,107 total employees.

  • What industry is SYQT in?

    SYQT’s primary industry is Computers, Parts and Peripherals.

  • Is SYQT a private or public company?

    SYQT is a Private company.

  • What is the current valuation of SYQT?

    The current valuation of SYQT is .

  • What is SYQT’s current revenue?

    The current revenue for SYQT is .

  • How much funding has SYQT raised over time?

    SYQT has raised $159M.

  • Who are SYQT’s investors?

    Abingworth, Alta Berkeley, Bessemer Venture Partners, Bigler Investment Management Company, and Burr, Egan, Deleage are 5 of 12 investors who have invested in SYQT.

  • When was SYQT acquired?

    SYQT was acquired on 01-Apr-1999.

  • Who acquired SYQT?

    SYQT was acquired by Lenovo EMC.

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