Everex

Everex Systems, Inc.
Company typeSubsidiary of NewMarket Technology, Inc.[1]
IndustryComputer hardware
Diversified Electronics
Founded1983
Headquarters,
U.S.
Key people
  • John Lin
  • (General Manager)
  • Paul C. Kim
  • (Director of Marketing)
ProductsMulti-Processor Servers, Notebook, Desktop, and Ultra Mobile personal computers including the eXplora, IMPACT, StepNote, gPC and CloudBook branded product lines
Websitewww.everex.com

Everex Systems, Inc., is a defunct American manufacturer of multi-processor servers, desktop and notebook personal computers. It was established in 1983 and headquartered in Fremont, California. The company was founded by Steve Hui, John Lee and Wayne Cheung.[2] In 1988, Everex was the leader in tape backup sales with half of the world market.[citation needed] On January 5, 1993 the company filed for bankruptcy and was purchased by Formosa Plastics Group, hence becoming part of a multinational conglomerate alongside companies like First International Computer, the world's leading motherboard manufacturer.[3][4][5] On December 29, 2006 Everex Systems, Inc filed a voluntary petition for liquidation under Chapter 7, and in June 2008 NewMarket Technology has taken control of Everex.[6][7]

  1. ^ "Company Overview of NewMarket Technology Inc". Bloomberg.
  2. ^ "Everex". IT History Society. 2015-12-15. Retrieved 2020-06-24.
  3. ^ "COMPANY NEWS; EVEREX SYSTEMS, A PC MAKER, FILES FOR BANKRUPTCY". The New York Times. January 5, 1993.
  4. ^ "Everex Systems, Inc. History". FundingUniverse.
  5. ^ "First International Computer, Inc. History". FundingUniverse.
  6. ^ "Everex Systems, Inc.: Private Company Information - Businessweek". Investing.businessweek.com. 2006-12-29. Archived from the original on July 13, 2012. Retrieved 2013-01-08.
  7. ^ "NewMarket Technology, Inc. to Acquire Everex, a Respected Brand Name in Personal Computing Reporting Approximately $60 Million in Revenue in 2007". Marketwired. June 23, 2008.