March 4, 1956: IBM Purchased Ferrite Core Memory Patent

Ferrite Core Memory

March 4, 1956 Ferrite Core Memory was sold to IBM

1956An Wang patented Ferrite Core Memory on May 17, 1955. However, IBM used Ferrite cores in their systems and the patent issue started an interesting legal battle. One that ended in IBM purchasing the patent outright for “Several million dollars”. Wang took the funds to build up Wang Laboratories.

Wikazine – Full show notes for March 4

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Jeffrey Powers @geekazine

I love tech history. I enjoy how we evolved from computers that fill a room to computers we wear on our bodies. I have put a full archive of tech history together at Wikazine. You can also talk history at Google +. I am also a podcaster and V-caster at Geekazine and a Podcast Coach at How to Record Podcasts. You can also sign up for a Helpout

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