Verbatim Corporation
 
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| Public kabushiki gaisha | |
| Industry | Electronics |
| Founded | April 28, 1969 as Information Terminals Corporation (North Carolina, United States) 1978 as Verbatim Corporation 1982 as Kasei Verbatim (former joint venture) February 23, 1994 as Mitsubishi Kagaku Media (Tokyo, Japan) |
| Founder | Reid Anderson (Verbatim, 1969) |
| Headquarters | 3-20 Kanda Ogawa-cho, Chiyoda-ku, Tokyo 101-0052, Japan |
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Key people
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Masahiro Taguchi (CEO and President) |
| Brands | Verbatim Freecom Mitsubishi (formerly) |
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Number of employees
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510 (consolidated) |
| Parent | Mitsubishi Chemical Holdings |
| Website | Official website |
Mitsubishi Kagaku Media Co., Ltd. (三菱化学メディア株式会社, abbreviated as MKM) is a Japanese company that markets storage media and flash memory products mostly under the Verbatim brand name. It is a subsidiary of Mitsubishi Chemical Holdings Corporation, based in Tokyo, and was founded on February 23, 1994.
Originally an American company and well known for its floppy disks in the 1970s, Verbatim has been part of Japanese Mitsubishi Chemical Corporation since 1990, with the current company founded in 1994 reusing the brand name. Verbatim is today one of the best-known brand names for recordable optical media. It was named the leading brand globally in the market in 2005, and are known for their patented AZO dye, which is regarded as being high in quality.
The original Verbatim first started in Mountain View, California in 1969, under the name Information Terminals Corporation, founded by Reid Anderson. It grew and became a leading manufacturer of floppy disks by the end of the 1970s, and was soon renamed Verbatim. In 1982 it formed a floppy disk joint venture with Japanese company Mitsubishi Kasei Corporation (forerunner of Mitsubishi Chemical Corporation), with the joint venture called Kasei Verbatim.
Verbatim mostly struggled in the decade and was purchased by Eastman Kodak in 1985, while its floppy partnership with Mitsubishi Kasei Corporation was still intact. It was eventually purchased fully by Mitsubishi Kasei Corporation in March 1990, after eight years in a joint venture. Many new products were launched under the new Japanese ownership, and the brand saw immense growth in the decade. Mitsubishi Kagaku Media was founded in October 1994 as a subsidiary through the merger of Mitsubishi Kasei and Mitsubishi Petrochemical, resulting in Mitsubishi Chemical. The new company absorbed the former American company and created a new Japanese entity, whilst the old Verbatim brand lived on.
In addition, Mitubishi Kagaku Media sell products under the Freecom brand. Freecom was originally founded in Berlin, Germany in 1989 and had been based in the Netherlands when it was purchased by Mitsubishi Chemical Holdings in September 2009.
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