February 13, 1996: JTS merges with Atari[/caption] 1996 – Atari Corporation announces the merger with Jugi Tandon Storage (JTS). Atari extended a bridge loan of $25 Million so JTS can still build drives. The company would still be known as JTS, but Atari would own 60% of the company.While Atari was sold to Hasbro via THQ, JTS could not emerge from the debts. They ended up filing Chapter 7 bankruptcy on Feb 28, 1999. The Last Peanuts Comic Strip is released one day after Creator Charles Schultz passes Apollo Computer is formed Rush Limbaugh gets service call from Steve Jobs...
Want to Talk Tech History?
Jeffrey Powers would love to come on your show and discuss the events of technology history. Feel free to call him @ 608-205-4378. You can also Contact Jeffrey: