[1][2] The transputer achieved some success as the basis for several parallel supercomputers from companies such as Meiko (formed by ex-Inmos employees in 1985), Floating Point Systems, Parsytec and Parsys.

[6] The company was founded by Iann Barron, a British computer consultant, Richard Petritz and Paul Schroeder, both American semiconductor industry veterans.

Under the privatization policy of Margaret Thatcher the National Enterprise Board was merged into the British Technology Group and had to sell its shares in Inmos.

By July 1984 Thorn EMI had made a £124.1m bid for the state's 76% interest in the company (the remaining 24% had been held by Inmos founders and employees).

This encountered various technical problems and delays, and was eventually abandoned, signalling the end of the development of the transputer as a parallel processing platform.