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Matthew Bender & Co history
Matthew Bender & Co company history timeline
From Defense Contracting to Legal Research: 1955-67
LEXIS-NEXIS could trace its history to a defense contractor, Systems Development Corporation, which began operations in Dayton, Ohio in 1955.
Mead chose to move into high technology and in 1968 paid $6 million for Data Corporation, which it renamed Mead Technology Laboratories.
That partnership lasted until September 1971, when Wilson stepped down as president.
On April 2, 1973, with four big firms as the first subscribers, MDC launched the LEXIS legal reference service.
Meanwhile, a competitor appeared on the scene (or screen). In 1975 West Publishing Company entered the electronic legal research business with its Westlaw service.
Growth and Consolidation in Electronic Information: 1984-89
Facing Growing Competition: 1990-93
On the Sales Block: 1994
The purchase of MDC signaled the company's intention to shift from dependence on hard copy publishing to increased use of online information, with electronic publishing expected to double to 20 percent in 1995.
Acquisitions and Competition: 1998-99
During the first half of 1999, LEXIS-NEXIS sales grew only one percent and operating profits dropped 17 percent, not counting acquisitions.
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Matthew Bender & Co competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Site Selection Group | 2006 | $5.6M | 90 | - |
| Virgo Inc | - | - | - | 6 |
| Cq | - | $670,000 | 50 | 57 |
| The Custom Group of Companies | 1986 | $18.0M | 500 | 2 |
| The Six Figure Mentors | 2010 | $13.0M | 750 | - |
| BestMark | 1986 | $1.6M | 100 | - |
| Advantage Business Media | 2006 | $32.2M | 100 | 1 |
| Designs In Wood Inc | - | - | - | - |
| World Entertainment News Network | 1989 | $240,000 | 5 | - |
| The Sundogs | - | $7.2M | 50 | - |
Matthew Bender & Co history FAQs
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