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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.[1] 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).[2] 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. [edit] References
Categories: Control Data Corporation | Defunct computer companies of the United States | Companies based in Metro Detroit | Oakland County, Michigan | Companies established in 1964 | Computer printer companies | Companies disestablished in 1982 | Defunct companies based in Michigan | Technological company stubs | ||||||||||||||||||||||
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