OnStream Holdings of the

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

was spun off from

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters i ...

in 1998 and went

bankrupt Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debt ...

for a second time in 2003. As a result of its first bankruptcy in 2001, the company was split into two parts, OnStream Data and OnStream MST. The "Data" division manufactured

magnetic tape Magnetic tape is a medium for magnetic storage made of a thin, magnetizable coating on a long, narrow strip of plastic film. It was developed in Germany in 1928, based on the earlier magnetic wire recording from Denmark. Devices that use magne ...

products and the "MST" division produced the thin film tape heads. MST also produced microsieves and

microelectromechanical systems Microelectromechanical systems (MEMS), also written as micro-electro-mechanical systems (or microelectronic and microelectromechanical systems) and the related micromechatronics and microsystems constitute the technology of microscopic devices, ...

products. After the second OnStream bankruptcy in 2003, the MST division was reborn as fluXXion, a maker of high-tech filtering products. fluXXion had some success in filtering beer and other food products but went bankrupt in 2011. Prior to the first bankruptcy, the CEO was William B. Beierwaltes, a tape systems pioneer and founder of Colorado Memory Systems. The company's

magnetic tape data storage Magnetic-tape data storage is a system for storing digital information on magnetic tape using digital recording. Tape was an important medium for primary data storage in early computers, typically using large open reels of IBM 7 track, 7-track, ...

technology was called

Advanced Digital Recording Advanced Digital Recording (ADR) is a magnetic tape data storage format developed by OnStream from 1998 to 2003. Since the demise of OnStream, the format has been orphaned An orphan (from the el, ορφανός, orphanós) is a child whose p ...

(ADR). Tape drives based on this technology were relatively high in data capacity and low in price.

References

External links

* Electronics companies of the Netherlands {{compu-storage-stub