In 1991, Bob Ogdon started Mammoth Micro Productions during a time that he saw the potential for CD-ROM technology; the gap in this market was on the software end. According to Ogdon, the Japanese were really good at creating hardware but when it came to software there was plenty of room for improvement.
Mammoth worked on various CD-ROM technologies for several years. Mammoth did fine, but didn’t garner a ton of national attention. One reason for this was that Mammoth didn’t have the money to spend on marketing. A fortuitous break came when a PR person Ogdon worked with managed to get the company profiled by Forbes magazine. The timing was perfect because the piece came out right when the CD-ROM market was starting to take off. It wasn’t long before the national suitors started knocking on Mammoth’s door. Ogdon credits the Forbes piece with creating value in the company, suggesting that “PR is the cheapest form of advertising you can get.”
With everyone was clamoring to get into the CD-ROM game in the mid-1990s, Mammoth had thirteen offers to purchase the company within a six month period. They ended up selling to the Washington Post for a cool $30M.
Source: Denver Founders
This financial tombstone is a souvenir of the acquisition of Infocom, Inc. by Activision, Inc. in June of 1986. The financial advisors for this acquisition were: L.F. Rothschild, Unterberg, Towbin, Inc.
This financial tombstone commemorates the offering of Common Stock at $10 per share onDecember 5,1994. Financial consultants for Wavefront Technologies were: Lehman Brothers and Volpe, Welty & Company.
Wavefront Technologies was a computer graphics company that developed and sold animation software used in Hollywood motion pictures and other industries. It was founded in 1984, in Santa Barbara, California, by Bill Kovacs, Larry Barels, Mark Sylvester. They started the company to produce computer graphics for movies and television commercials, and to market their own software, as there were no off-the-shelf computer animation tools available at the time. In 1995, Wavefront Technologies was purchased by Kroyer Films, Silicon Graphics, Rhythm & Hues and merged with Alias Research to form Alias|Wavefront. Source: Wikipedia.