Shugart Associates was a computer peripheral manufacturer that dominated the floppy disk drive market in the late 1970s and is famous for introducing the 5¼-inch minifloppy disk drive.

Founded in 1973, Shugart Associates was purchased by Xerox

Xerox

Xerox Corporation is an American multinational document management corporation that produced and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies...

 in 1977. In the early 1980s the name was changed to Shugart Corporation. Xerox exited the business in 1985 and 1986, selling the brand name and the 8-inch floppy product line to Narlinger Group (Mar 1986).