History of video games market in 1978 with the Odyssey, while toy company Mattel released the Intellivision in 1979, which featured graphics superior to any of its competitors. After both Atari and Fairchild made a strong showing in 1977, the market hit a difficult patch in 1978 when retailers resisted building inventory, believing that the newly emerging electronic handheld market would displace video games. Atari, for example, manufactured 800,000 systems, but proved unable to sell more than 500,000 to retail. This helped precipitate a crisis at the company that saw co-founder and chairman Nolan Bushnell and president Joe Keenan forced out by Atari's parent
Vaughan & Bushnell Manufacturing Vaughan & Bushnell Manufacturing Vaughan & Bushnell Manufacturing, also known as Vaughan Manufacturing and branded as simply Vaughan, is an American manufacturing company that specializes in the production of hammers, axes, prybars, and hand saws. The company produces more than 250 different kinds of hammers. Vaughan was founded in 1869 in Peoria, Illinois by Alexander Vaughan, an 18-year-old blacksmith, as a plumbing business. Vaughan soon set up a blacksmith shop behind a hardware store in Chicago owned by Sidney Bushnell. On June 15, 1869, Vaughan was granted a patent for an improved post auger and began producing custom tools. In