USB FlashCard
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USB FlashCard
Lexar Media, Inc. is a Chinese brand of flash memory products manufactured by the Chinese company Longsys. The Lexar "JumpDrive" trademark was often used synonymously with the term USB flash drives when the technology was first adopted. History Early years (1996-2006) Lexar was founded as an United States, American manufacturer of digital media Product (business), products based in San Jose, California. Products manufactured by Lexar include SD cards, CompactFlash cards, USB flash drives, card readers and solid-state drives. Once a division of Cirrus Logic, Lexar leveraged its parent company's experience in building Parallel ATA, ATA controllers in developing its own Flash memory controller, flash controllers. Lexar was spun off from Cirrus Logic in 1996. Lexar was created by Petro Estakhri and Mike Assar. In 2005, Lexar was awarded $380 million in a lawsuit against Toshiba who copied Lexar's flash memory technology. Under Micron ownership (2006-2017) Lexar was acquir ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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