Genisco Technology

Last updated
Genisco Technology Corporation
IndustryElectronics
Founded1983;39 years ago (1983) in La Mirada, California, United States
Defunct1997 (1997)

Genisco Technology Corporation, also known as Solaris Genisco, is a maker of military computers and electronic filters and has been heavily involved with military contracts. Genisco incorporated in 1983 and is based in Anaheim, California. [1]

Genisco's products were used primarily in the military and in factory automation. [2] The company was based in La Mirada, California before moving to Anaheim. [3]

Its transducer sub-division built the altimeters for the HARM missile, Space Shuttle cabin pressure transducers and liquid thruster fuel line pressure sensors, Mark 48 naval torpedoes, civilian airliner brake pad pressure sensors, and Idaho Nuclear Commission water valve switching sensors. In November 1988, the company pled guilty to falsifying test data on torpedo simulators, a mobile underwater target device, and HARM missile transducers. Genisco paid a $725,000 fine [4] and three supervisors in the transducer division were sentenced to prison terms in January 1989. [5] [6] [7]

The company filed for Chapter 11 bankruptcy in February 1995. [2] Soon after, it announced that it had sold its filter division, Genisco Electronics, and its Eldema Indicator Lites indicator line, including a factory in Tijuana, Mexico, to Potter Production Corp. of Minneapolis, Minnesota. [8] It retained its Solaris division, which produced "hardened" computer workstations for factory floors, [9] in a licensing agreement with Sun Microsystems. [10]

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References

  1. "Company Overview of Genisco Technology Corp". Bloomberg. Retrieved April 17, 2017.
  2. 1 2 "Genisco Technology Files for Protection". Los Angeles Times . February 18, 1995.
  3. Dean Takahashi (December 17, 1991). "Genisco Technology Says Tentative Pact Avoids Bankruptcy". Los Angeles Times.
  4. Kim Murphy (November 8, 1988). "Genisco Must Pay $725,000 for Fake Military Test Data". Los Angeles Times.
  5. Kim Murphy (January 24, 1989). "3 Sent to Prison for Supplying Faulty Military Weapons Parts". Los Angeles Times.
  6. Michael C. Tipping (January 23, 1989). "Genisco managers jailed for faulty parts scheme". UPI.
  7. The falsification of data was covered in a 60 Minutes episode broadcast on October 8, 1989, "Harm's Way": "Mike Wallace CBS/60 Minutes papers: 1922–2007 (bulk 1968–2007)". Bentley Historical Library, University of Michigan . Retrieved April 18, 2017.
  8. Don Lee (February 22, 1995). "Troubled Genisco Technology Sells Division, Main Product Line: Deal: Announcement comes less than a week after Anaheim firm filed for Chapter 11 protection". Los Angeles Times.
  9. "Genisco to Sell Electronics Division". Computer Business Review. December 9, 1994.
  10. "GTC to offer hardened Sun SPARCstations for factory floor" (press release). Sun Microsystems. June 1990.