The story
Founded by David E. Potter in 1980.1
Beginnings (1980–1984)
Psion was established in 1980 as a software house with a close relationship with Sinclair Research. The company developed games and other software for the ZX81 and ZX Spectrum home computers, released under the Sinclair/Psion brand. Psion's games for the ZX Spectrum included Chequered Flag and Flight Simulation.
Early software releases for the ZX Spectrum included titles such as VU-Calc, VU-File and VU-3D, along with dozens of other titles.
The company name is an acronym standing for "Potter Scientific Instruments", after the company's founder, David Potter. The acronym PSI was already in use elsewhere in the world so "ON" was added to make the name unique. Potter remained managing director until 1999 and was chairman of the company until late 2009.
In early 1983, Sinclair approached Psion regarding the development of a suite of office applications for the forthcoming Sinclair QL personal computer. Psion were already working on a project in this area, and when the QL was launched in 1984 it was bundled with Quill, Archive, Abacus and Easel; respectively a word processor, database, spreadsheet, and business graphics application. These were later ported to DOS and made available for the IBM PC and ACT's Sirius and Apricot computers, collectively called PC-Four, or Xchange in an enhanced version. Xchange was also available for ICL's One Per Desk computer, which was based on the QL.
Psion Organiser (1984)
In 1984, Psion first entered the hardware market with the Psion Organiser, an early handheld computer, in appearance resembling a pocket calculator with an alphanumeric computer keyboard. In 1986, the vastly improved Psion Organiser II was released, and was assembled by Speedboard Assembly Services. Its success led the company into a decade long period of Psion Computer and operating system development. It included the simple-to-use Open Programming Language (OPL) for database programming, which sparked a large independent software market.
EPOC (1987)
In 1987, Psion began developing its SIxteen Bit Organiser (SIBO) family of devices and its own new multitasking operating system named EPOC, to run its third generation product, Laptops (MC), industrial handhelds (HC and Workabout) and PDA (Series 3) products.
It is often rumoured that EPOC stands for "Electronic Piece Of Cheese" however Colly Myers, who was Symbian's CEO from founding until 2002, said in an interview that it stood for 'epoch' and nothing more. This development effort produced the clamshell QWERTY-based Psion Series 3 palmtops (1993–98), which sold in the hundreds of thousands, and the Psion MC-series laptops, which sold poorly compared to the DOS-based laptops of the era.
A second effort, dubbed Project Protea, produced the Psion Series 5 for sale in 1997, a completely new product from the 32-bit hardware upwards through the OS, UI, and applications. It is still remembered for its high quality keyboard which, despite its size, allowed for touch-typing. However, the new feel of the product, and the removal of certain familiar quirks, alienated loyal Series 3 users, who tended to stick with their PDAs rather than upgrade.
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In 1999, Psion released the Psion Series 7, which was much like a larger version of the Series 5, but with a double-size VGA-resolution screen that featured 256 colours (the Series 5 had a half-VGA screen with 16 grey shades). It was followed by the very similar Psion netBook.
Psion was being challenged by the arrival of cheaper PDAs such as the Palm Pilot, and PocketPCs running Microsoft's Windows CE, and in 2003, Psion released a Netbook Pro running Windows CE.NET 4.2 instead of EPOC.
Symbian and telephony (1998)
The 32-bit EPOC developed by Project Protea resulted in the eventual formation of Symbian Ltd. in June 1998 in conjunction with Nokia, Ericsson and Motorola. The OS was renamed the Symbian Operating System and was envisioned as the base for a new range of smartphones. Psion transferred 130 key staff to the new company and retained a 31% shareholding in the spun-out business. By 2007, the Symbian operating system powered around 125 million mobile phones, including many Nokia models and the Sony Ericsson P900 series.
Psion had previously sought to expand into mobile telephony itself, having engaged in talks to acquire Amstrad – mainly for its Dancall subsidiary – in 1996. Although Amstrad's owner and founder, Alan Sugar, had reportedly been seeking to sell the entire business, no agreement could apparently be made on a price or on "a plan for the disposal of the other parts of the Amstrad Group". This setback left Psion promising "to introduce GSM-based products during 1997". Meanwhile, Psion did license EPOC to Digital Equipment Corporation so that the system could be ported to Digital's StrongARM processor.
The development of new and updated products by Psion slowed after the Symbian spin-off. Other products failed or had limited success; these included Psion Siemens' GSM device, a Series 5 based set-top box, the Wavefinder DAB radio, and an attempt to add Dragon's speech recognition software to a PDA. Ericsson cancelled a Series 5MX derived smartphone project in 2001.
Psion had sold its sole manufacturing plant in 1999 and started to withdraw from its PDA markets in late 2001, shedding 250 of 1,200 staff and writing-off £40 million. The PDA, which was once a niche market, had become a global horizontal marketplace where it was difficult for Psion to compete. The final blow for Psion's Organiser and PDA business came in January 2001 when Motorola pulled out of a joint project with Psion, Samsung, and Parthus, to create "Odin", an ARM-based PDA-phone.
In 2000, Psion acquired Teklogix of Canada for £240 million, and merged its business-to-business division, Psion Enterprise, with the newly acquired company. Teklogix was rebranded Psion Teklogix, and this division formed the core of Psion Plc's business.
In 2002, Psion launched the Psion Software division. This business developed push email solutions for Symbian smartphones, Microsoft Exchange and Lotus Notes. This business was sold to Visto of the United States in 2003.
In 2004, Psion disposed of the company's remaining Symbian shareholding to Nokia, as it no longer regarded it as a core part of its strategy.
Last years (2010–2012)
In its last years, Psion made tailored and customized modular variants of its products through its online community, Ingenuity Working. Launched in March 2010, Ingenuity Working had more than 35,000 visitors per month within its first six months.
In January 2011, it launched a new logo, simultaneously removing Teklogix from its operating company name.
Motorola Solutions announced in June 2012 that it had agreed to acquire Psion for $200 million.
From Wikipedia’s article on Psion (company), shared under CC BY-SA 4.0.4