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Announced in 1991, the company began operations early in 1992 with Nat Goldhaber serving as its first CEO.

The company ’ s objective was the development of a common multimedia platform, the Kaleida Media Player, that would run on both Windows and Macintosh computers.

The Kaleida Media Player was the runtime environment for the company ’ s main product known as ScriptX, a programming language and object library for authoring multimedia content.

In its early days, Kaleida had several other projects underway, including a proposed operating system for television set-top boxes that was to be based around the Kaleida Media Player software.