ROLM Corporation Revenue and Competitors

ROLM Corporation was a technology company founded in Silicon Valley in 1969.[1]IBM Corp. partnered with the company, and ROLM Mil-Spec was sold to Loral Corporation and later to Lockheed Martin in 1996 as Tactical Defense Systems. IBM's ROLM division was later half sold to Siemens AG in 1989, whereupon the manufacturing and development became wholly owned by Siemens and called ROLM Systems, while marketing and service became a joint venture of IBM with Siemens, called ROLM Company. The company name "ROLM" was formed from the first letters of the founders names: Gene Richeson, Ken Oshman, Walter Loewenstern, and Robert Maxfield. The four men had studied electrical engineering at Rice University and earned graduate degrees at Stanford University. At Rice, Oshman and Loewenstern were members of Wiess College. Not an original founder, Leo Chamberlain was hired and became very much the soul of ROLM, advancing progressive workplace ideas such as GPW (Great Place to Work). The Old Ironsides Drive campus (ROLM Campus-Santa Clara, CA) was equipped with a swimming pool, openspace park areas, a cafeteria and recreation center.