Computer Peripherals Inc
Encyclopedia
Computer Peripherals, Inc. (CPI) was an American manufacturer of computer printers, based in Rochester, Michigan
.
CPI's precursor, Holley Computer Products, was formed as a joint venture
between Control Data Corporation
(CDC) and the Holley Carburetor Company
in April 1962. Holley developed and produced a series of drum printers. In June 1964, CDC bought out Holley and partnered with NCR
and ICL to form CPI in Rochester.
In the early 1970s CPI also had a branch in Valley Forge, PA. This division made punched card readers and 9-track magnetic tape drives for both parent companies (CDC and NCR).
In 1978 CDC bought controlling interest of CPI. CPI produced several train printers under the CDC and Fastrain brands, including the CDC Model 512 (1967), the Fastrain A 1200 LPM (1969) and the Fastrain 9372-III 2000 LPM (1976).
In 1982, CDC acquired a controlling interest in Centronics
in exchange for CPI and $25 million in cash. CPI was merged into Centronics and eventually the Rochester facility was closed.
Rochester, Michigan
Rochester is an affluent city in north Oakland County in the U.S. state of Michigan on the northern outskirts of metro Detroit. The population was 12,711 at the 2010 census...
.
CPI's precursor, Holley Computer Products, was formed as a joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
between Control Data Corporation
Control Data Corporation
Control Data Corporation was a supercomputer firm. For most of the 1960s, it built the fastest computers in the world by far, only losing that crown in the 1970s after Seymour Cray left the company to found Cray Research, Inc....
(CDC) and the Holley Carburetor Company
Holley Performance Products
Holley Performance Products is an automotive performance company based in Bowling Green, Kentucky. Holley, when based in Michigan, was one of the major producers of carburetors, being supplied as standard equipment on many Detroit-built automobiles....
in April 1962. Holley developed and produced a series of drum printers. In June 1964, CDC bought out Holley and partnered with NCR
NCR Corporation
NCR Corporation is an American technology company specializing in kiosk products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. Its main products are self-service kiosks, point-of-sale terminals, automated teller machines, check...
and ICL to form CPI in Rochester.
In the early 1970s CPI also had a branch in Valley Forge, PA. This division made punched card readers and 9-track magnetic tape drives for both parent companies (CDC and NCR).
In 1978 CDC bought controlling interest of CPI. CPI produced several train printers under the CDC and Fastrain brands, including the CDC Model 512 (1967), the Fastrain A 1200 LPM (1969) and the Fastrain 9372-III 2000 LPM (1976).
In 1982, CDC acquired a controlling interest in Centronics
Centronics
Centronics Data Computer Corporation was a pioneering American manufacturer of computer printers, now remembered primarily for the parallel interface that bears its name.-The beginning:Centronics began as a division of Wang Laboratories...
in exchange for CPI and $25 million in cash. CPI was merged into Centronics and eventually the Rochester facility was closed.