Seagate Technology
The company began as the removable storage systems division of Seagate Technology. The division was formed in 1996 from storage companies Archive Corp., Irwin Magnetic Systems, Cipher Data Products, and Maynard Electronics. In a restructuring involving Seagate Technology and Veritas Software, the division was spun off in 2000 into the independent company Seagate Removable Storage Systems. The company was the worldwide unit volume shipment leader in 2001, 2002, and 2003.