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Modem hardware and software companyMicrocom, Inc. was a major modem vendor during the 1980s, although never as popular as the "big three", Hayes, U.S. Robotics (USR) and Telebit. Nevertheless, Microcom holds an important place in modem history for introducing the MNP error-correction and compression protocols, which were widely used under license by most modem manufacturers in the 1990s. The company went public in 1987. Compaq purchased publicly outstanding shares of the company in 1997.