12 Facts About Datapoint

Datapoint Corporation, originally known as Computer Terminal Corporation, was a computer company based in San Antonio, Texas, United States.

Datapoint began development on the Datapoint 2200, its most popular product and credited by some historians as the invention of the personal computer.

Datapoint continued to produce processors that went into the Datapoint 6600 around 1982 and later series.

Datapoint 2200 became so popular that CTC later changed its name to Datapoint Corp.

Datapoint then raised an additional $8 million via a third Wall Street-backed public offering, with a plan to raise sales from $18M to $100M within five years.

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Proprietary operating systems included DOS and RMS, and Datapoint later moved its hardware to be based on Intel 386 CPUs.

Datapoint developed and patented one of the earliest picture-in-picture implementations of videoconferencing called MINX.

Lead times were extending rapidly as demand for Datapoint products increased, leading to delivery delays and unhappy customers.

Datapoint's board rejected the offer but began inviting takeover proposals from other interested parties.

Edelman then withdrew his bid, and began directly seeking shareholders' consent to oust Datapoint's board, replace them with his own designees and then sell the company to a third party or parties; his business takeover pattern deployed in other companies.

In February 1985, Datapoint reported its predicted increased loss for the last quarter 1984, of $15.

In December 1999, all of Datapoint's patented video communications technologies, along with all inventory and assets associated with the video business group was sold to one of its resellers, VUGATE.