October 9, 1998: Hayes Microcomputer Filed Chapter 11
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1998 – We all remember the modem, right? Dial into the internet through an ISP? Some of you may still have that technology, but if you have dealt with modems for a while, you remember Hayes.
The Hayes corporation was pretty big back in the day – giving your Apple II connectivity to the world. Well, that is until 1998 when it’s course ran out. Stocks went from $12 a share, down to almost nothing. Hayes had no choice but to file for bankruptcy.
Zoom Technologies (now called Zoom Telephonics) bought the company out in 1999.
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