February 13, 1996: JTS merges with Atari[/caption]

1996 – Atari Corporation announces the merger with Jugi Tandon Storage (JTS). Atari extended a bridge loan of $25 Million so JTS can still build drives. The company would still be known as JTS, but Atari would own 60% of the company.While Atari was sold to Hasbro via THQ, JTS could not emerge from the debts. They ended up filing Chapter 7 bankruptcy on Feb 28, 1999.

Subcribe to Day In Tech History:

RSS Feed (http://www.dayintechhistory.com/feed/podcast) - iTunes (https://itunes.apple.com/us/podcast/day-in-tech-history/id327099657) - Google Play (https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iz4h5tnpyty3omnj2ocsmbwebdm?t%3DDay_in_Tech_History) Twitter (http://twitter.com/dayintechhist) - Facebook (http://Facebook.com/dayintechhistory)

- RSS Bandwidth by Cachefly (http://www.cachefly.com/) Get a 14 Day Trial

Be a Part of the Sconnie Geek Nation! (http://patreon.com/geekazine)

In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget tech, music tech, and geek culture through the shows.

* The Last Peanuts Comic Strip is released one day after Creator Charles Schultz passes

* Apollo Computer is formed

* Rush Limbaugh gets service call from Steve Jobs