The development and release of the Moog MemoryMoog (and MemoryMoog Plus) was the last gasp of the Moog company in the 80s. Around 1980, the two younger American synth companies, Sequential Circuits and Oberheim, were thriving, putting out one new synth after another. By the time the Memorymoog came out, SCI and Oberheim had already released multiple true polysynths. The Japanese companies were cranking out one new polysynth after another. The two remaining from the old guard of major American synth companies, ARP and Moog, were acutely aware of the serious market pressure to put out polysynths of their own. Each had already barfed out a big, cumbersome, paraphonic psuedo-poly (the ARP Quadra and the Polymoog, respectively) but it was REALLY time for them to get their act together, hire some programmers and design a true polysynth with digital voice assignment and control.