Steebek Systems was founded by Bob Jones who was a serial entrepreneur, he was a 52-year-old former electronics engineer from the rural west of Wales.
In 1982, he quit a well-paid job with US electronics giant General Datacom, then one of the world leaders in modem technology, and mortgaged his house to fund a leap in the dark and founded his firm, Steebek, which hit the market just as demand for computer modems took off in the UK.
He eventually sold Steebek to Dowty, the British aerospace and electronics group which was later taken over by TI.
With the proceeds, he was able to pay his debts and found a new company, Mayze Systems, which targeted banks and airlines that needed specialised high-capacity modems.
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