The current venture of QLogic Corp.’s former chief executive has filed for bankruptcy.
Mel Gable, who led networking gear maker QLogic for two years until 1995, has put Santa Ana-based Indigita Corp. into federal bankruptcy court after racking up more than $1 million in debt, according to recent court filings.
Indigita, which Gable cofounded in 1995, designs chips and devices that help transfer video and other media files between electronic devices.
Gable didn’t respond to calls for comment.
Gable was an early technology leader in Orange County when he led what would later become QLogic under Costa Mesa-based Emulex Corp., a maker of devices for storage networks.
From 1991 to 1993, he managed what was then the micro device division that sold hardware that helped connect computers and devices.
Gable oversaw QLogic’s break from Emulex in 1993 and its subsequent public stock offering early in 1994 as chief executive and president. Emulex and Aliso Viejo-based QLogic now compete to sell devices for storage networks.
In early 1995, QLogic had less than $60 million in annual revenue and profits were slim. Gable’s departure from QLogic was abrupt.
For more on this story, see the March 27 edition of the Business Journal.
