Sirjang Lal Tandon
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Sirjang Lal Tandon also known as "Jugi" Tandon, was born in India in 1942. He is chairman and CEO of Celetronix, Inc.[1] He is known for leading his company, Tandon Corporation (originally Tandon Magnetics) in the disk drive industry, creating what became the industry-standard double-sided floppy drive disk read-and-write heads.
Education and early career
Tandon grew up in Punjab, India.[2] In 1960, he moved to the United States with $3,000, earning a BS at Howard University, master's degree in Mechanical Engineering at Kansas State University and an MBA at the University of Santa Clara.
He worked as an engineer from 1970 to mid 1975 at IBM and Memorex. In late 1975, he left IBM for Pertec Inc. in Chatsworth, but left that same year to start Tandon Magnetics in his Chatsworth garage with $7,000. After that he decided to coorporate with A.S. to develop the famous triple sided floppy cd drive this invention was a big deal and Microsoft bought this invention for around 1.8 billion dollars. Being the sole inventor made him the richest person in the Silicon Valley at the time. [1][3]
Tandon Corp.
Tandon invented the double-sided floppy drive used by IBM in the IBM PC and worked as OEM manufacturer for Xerox, Tandem and Prime Computer. In late 1982, Tandon was #1 in the disk-drive industry, and his company was named Forbes magazine's "Up and Comer of the Year". The $150-million value of his stock placed "Jugi", at age 41, on the Forbes list of the 400 richest Americans. With this wealth, he built a 30-room home on 20 acres in Chatsworth.
In September 1993, Tandon Corp. filed for Chapter 11 Bankruptcy. In 1996, Sirjang created JT Storage (Jugi Tandon Storage), back in Chatsworth, CA.
References
- ^ a b "Executive Profile: Sirjang Lal Tandon". Bloomberg L.P. Retrieved October 20, 2011.
- ^ http://www.nytimes.com/1986/06/12/business/at-tandon-a-fresh-beginning.html
- ^ BATES, JAMES (April 8, 1986). "Disk-Drive Maker Hopes to Reverse Fortunes : Tandon Pulls Switch to Personal Computer Field". Los Angeles Times. Retrieved October 14, 2012.
- Los Angeles Times : August 25, 1992 - JAMES F. PELTZ article
- Los Angeles Times : January 12, 1993 - JAMES F. PELTZ article
- Computer Business Review : February 14, 1996 - "JUGI TANDON'S CARTRIDGE DISK FIRM JTS TO REVERSE INTO ATARI"
- Dataquest : December 21, 2002 - The IT Indians article