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Global Computer Associates history
Global Computer Associates company history timeline
With the acquisition of Uccel and Cullinet, Computer Associates became the first software firm to top $1 billion in sales, in 1989.
They attracted top designers George Erdi and Dan Dooley who developed a number of popular operational amplifier and data acquisition products before the company was acquired by Analog Devices in 1990.
Formally named Sieko Corporation in 1990, today the company is one of the world’s premier watch producers.
Supercalc 5, released in 1990, included graphics and database management, making it competitive with Lotus 1-2-3 and Microsoft Excel.
Continuing its push to work with different computer platforms, CA agreed in 1991 to make many of its products work with Hewlett-Packard's Unix-based computers and reached a licensing agreement with Apple Computer to allow its databases to be accessed through Apple's Macintosh computers.
Sales for 1991 came to $1.35 billion.
Computer Associates' ambitious restructuring was hindered in a legal dispute with rival Electronic Data Systems Corporation (EDS) beginning in 1991.
In 1992, it reported maintenance fees of $585 million, about 39 percent of its overall revenue of $1.51 billion.
CA-Textor, released in 1992, was an entry-level word processor designed to work with Microsoft's Windows graphic interface.
Later renamed Teledyne Semiconductor, the company operated as a unit of Teledyne Components before being spun out in 1993 as Telcom Semiconductor, Inc.
Extended litigation with Intel and other problems led to the sale of the company assets to Atmel Corporation in 1994.
CA had also bought another client-server software specialist in 1994, the ASK Group.
In 1995, it bought Legent for $1.8 billion in cash, at the time the largest takeover in the history of the software business.
The company's revenue grew to over $3.5 billion in 1996, and earnings and CA's stock price also rose year by year through the first half of the decade.
By the mid-1990s, about one-third of CA's sales were in client-server software products. It also acquired Cheyenne Software Inc. in 1996, a company that specialized in data storage software on network computers.
In 1997 National divested a group, formed as the present Fairchild Semiconductor, in a leveraged buy-out.
The company relaunched its premier client-server software in 1997, Unicenter TNG, hoping for more of the booming network market.
Charles Wang, second-in-command Sanjay Kumar, and another top executive were given huge bonuses in 1998, for which the company had to take a $675 million charge against earnings to pay.
In July 1999, Computer Associates bought Platinum for $3.5 billion in cash.
As the demand for high performance mainframe machines declined, CDC suffered financial problems and was purchased by data mining firm Syntegra in 1999.
In fiscal 1999, it said in an S.E.C. filing that Unicenter accounted for one-fourth of its overall revenue.
Intersil was acquired by GE in 1981 and sold to Harris Corporation in 1988, when the name was retired. It reappeared in 1999 when Harris spun-off the semiconductor business.
In August 2000, Charles Wang agreed to step out of the CEO role and not handle the day-to-day business of the company.
Telcom was acquired by Microchip in 2000.
Linear Technology is traded on the NASDAQ and joined the S&P 500 Index of companies in the spring of 2000.
Since the beginning of 2000, it has been either a plaintiff or defendant in three dozen federal lawsuits, on issues ranging from commission disputes to discrimination claims.
He was perhaps more popular than the gruff Wang, and he personally intervened in 2001 when Wal-Mart Stores declared it would stop using CA software.
Nevertheless, investors seemed dissatisfied with CA's prospects, and the board faced a proxy battle in the summer of 2001.
CA planned a $1 billion bond offering in February 2002 that would have refinanced some of the company's $3.5 billion debt to a more favorable rate.
Lucent spun-off the semiconductor operations as Agere in 2002.
A technology and manufacturing alliance with Fujitsu culminated in its acquisition by the Japanese company in 2002.
The company ended up with two sets of numbers, which was confusing, and in 2002 the Securities and Exchange Commission was prompted to investigate CA's bookkeeping.
Fiscal 2006 revenue was $1.1 billion.
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Global Computer Associates competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The InSource Group | 1992 | $17.5M | 200 | - |
| Infinity Systems Engineering | - | $39.9M | 50 | 9 |
| ProSphere | 2006 | $60.4M | 100 | - |
| Global Consultants | 2002 | $284.9K | 5 | - |
| LCG | 1990 | $450,000 | 50 | 37 |
| Spectrum Solutions | 1997 | $26.0M | 50 | 7 |
| Veredus | 2000 | $9.8M | 175 | 168 |
| TriCom Technical Services | 1994 | $17.5M | 100 | 68 |
| Datanomics | 1982 | $97.0M | 375 | - |
| Decision Technologies Inc. | 2003 | $5.2M | 14 | - |
Global Computer Associates history FAQs
Zippia gives an in-depth look into the details of Global Computer Associates, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Global Computer Associates. The employee data is based on information from people who have self-reported their past or current employments at Global Computer Associates. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Global Computer Associates. The data presented on this page does not represent the view of Global Computer Associates and its employees or that of Zippia.
Global Computer Associates may also be known as or be related to Global Computer Associates and Global Computer Associates (GCA).