PERTECPersonnel Technologies (US Army)
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Of the three IBM offspring with progeny, the descendants of Memorex, via Shugart Associates, were overwhelmingly the most productive, accounting for over $9.14 billion, or 64 percent, of the cumulative revenues of the start-ups.(37) (Cumulative revenues for their descendants, in $ millions, and the percentage of the total for which they accounted are listed in the IBM, Datapoint, Memorex, STC, Pertec, and Shugart boxes.) Moreover, six of the seven Shugart spin-offs that generated revenue were still in operation in 1991 and included the U.S.
Acquired by Pertec, a maker of peripherals for larger computers, the company withered and disappeared.(28)