Filing – Remington Rand Kardex (1950s)
In 1886, E. Remington and Sons sold its typewriter business and the rights to the Remington name to the Standard Typewriter Manufacturing Company which in 1902 changed its name to Remington Typewriter Company. In 1927 Rand Kardex merged with Remington Typewriter. The new company was called Remington Rand, and Kardex was a division and brand of that company.
Remington Rand was led by James Rand Jr. for the duration of its independent existence. Company sales grew from $5 million in 1927 to $500 million in 1954, although market share suffered in the face of competition from IBM.
Remington Rand purchased the Eckert–Mauchly Computer Corporation in 1950, delivered the UNIVAC I in 1951, and bought Engineering Research Associates in 1952, all this making them a major player in the new computer industry.