Qume was a manufacturer of daisy-wheel printers originally located in Hayward, California, later moving to San Jose. Around 1980, it also opened a manufacturing facility in Puerto Rico. It once dominated the daisy-wheel market. As the market for its printers declined in the 1980s, the company developed a line of computer terminals. It was founded by David S. Lee and Robert E. Schroeder in 1973, grew to become the largest printer company in the world, and was acquired by ITT Corporation for an unprecedented $164M in 1978. It remained a division of ITT until its acquisition by Wyse Technology sometime before 1995. Qume also manufactured floppy diskette drives, particularly 5.25" ones, but it also manufactured 8" diskette drives as well. Qume's diskette drives were included in some IBM PC mod