Shugart Associates ■ 1973 Alan Shugart starts Shugart Associates, to build a small business computer. ■ 1974 Run out of money to finish, switches to just selling storage. Alan Shugart resigns as CEO ■ 1976 Releases 5 ¼ inch ‘minifloppy’. ■ 1977 Sold to Xerox ■ 1979 Invented ‘Shugart Associates System Interface’ which eventually became SCSI. ■ 1979 Alan Shugart forms Shugart Technology in 1979, sued by Xerox. Renamed company to Seagate Technology.