Verbatim (brand)

Verbatim
Formerly1978 as Verbatim Corporation
1982 as Kasei Verbatim (former joint venture)
February 23, 1994, as Mitsubishi Kagaku Media (Tokyo, Japan)
IndustryElectronics Technology
FoundedApril 28, 1969 (1969-04-28) as Information Terminals Corporation (North Carolina, United States)
FounderReid Anderson (Verbatim, 1969)
Key people
Clive Alberts (CEO and President)
BrandsVerbatim
Freecom
Mitsubishi
Number of employees
510 (consolidated)
ParentCMC Magnetics (2020-present)
Mitsubishi Chemical (1990-2020)
Eastman Kodak (1985-1990)
WebsiteOfficial website

Verbatim is a brand for storage media and flash memory products currently owned by CMC Magnetics Corporation (CMC), a Taiwanese company that is known for optical disc manufacturing. Formerly a subsidiary of Mitsubishi Chemical, the global business and assets of Verbatim were sold to CMC Magnetics in 2019 at an estimated price of $32 million USD.

Originally an American company and known for its floppy disks in the 1970s and 1980s, Verbatim is now known for its recordable optical media.