The 20th century was a period of rapid technological revolutions and many who have witnessed this era have seen the rise of big companies that dominated the industry. Unfortunately, most of these brand names failed to survive and keep up with the changing times – and some have just become shadows of what they were before.
Here are three of the major tech brands that rose during the twentieth century but no longer exist today.
Compaq was known to be the first company to re-engineer IBM’s personal computers and made it available to the market. It was during the early 1990s when it topped the sales charts as the major corporation to successfully program IBM-compatible personal computers.
However, in 2001, Hewlett-Packard acquired the company for $25-million and it eventually led to losses in sales. It was only 12 years later when HP finally dropped the Compaq line.
MSN Messenger, IM
This once popularly used instant messaging program was created in 1999 by tech giant, Microsoft. The brand’s effort to keep up with the forever changing user preferences has inspired it to evolve into Windows Live Messenger ten years after it was developed.
However, Microsoft decided to discontinue the messaging client in 2011. Later on, the corporation’s acquisition of another IM application, Skype, sealed the fate of MSN Messenger.
Perhaps it was intense competition that led to the fall of this television and electronics company. During its golden years, it operated over 1,500 stores across the U.S. – until Best Buy came into the picture.
In addition, their decision to stop selling appliances made it worse and no matter how many stores and branches they opened to keep up, most of these new ventures failed.
It was in November of 2008 when Circuit City declared bankruptcy. However, several reports suggest that the company is attempting to start over and is hoping to attract the millennial market.