Oric was the name used by UK-based Tangerine Computer Systems for a series of 6502-based home computers sold in the 1980s, primarily in Europe. With the success of the ZX Spectrum from Sinclair Research, Tangerine's backers suggested a home computer and Tangerine formed Oric Products International Ltd to develop the Oric-1. The computer was introduced in 1982. During 1983, approximately 160,000 Oric-1 computers were sold in the UK, plus another 50,000 in France (where it was the year's top-selling machine). This resulted in Oric being acquired and given funding for a successor model, the 1984 Oric Atmos. Oric was bought by Eureka, which produced the less successful Oric Telestrat (1986). Oric was dissolved the year the Telestrat was released. Eastern European legal clones of Oric machines were produced into the 1990s. Based on a 1 MHz MOS Technology 6502 CPU, the Oric-1 came in 16 KB or 48 KB RAM variants for £129 and £169 respectively, matching the models available for the popular ZX Spectrum and undercutting the price of the 48 KB version of the Spectrum by a few pounds. The circuit design requires 8 memory chips, one chip per data line of the CPU. Due to the sizing of readily available memory chips the 48 KB model has 8 * 8 KB (64 KBit) chips, making a total of 64 KB. As released only 48 KB is available to the user, with the top 16 KB of memory overlaid by the BASIC ROM; The optional disc drive unit contains some additional hardware that allows it to enable or disable the ROM, effectively adding 16 KB of RAM to the machine. This additional memory is used by the system to store the Oric DOS software. Both Oric-1 versions have a 16 KB ROM containing the operating system and a modified BASIC interpreter. The Oric-1 has a sound chip, the programmable General Instrument AY-3-8910. Two graphics modes are handled by a semi-custom ASIC (HSC 10017 ULA) which also manages the interface between the processor and memory.