MKI Systems history

In a December 1986 re-dedication, Building 37 was named after Ronald McNair, the MIT PhD graduate and scientist astronaut who died in the 1986 Shuttle Challenger accident.

Upon his retirement in 1988, it was moved to the office of Prof.

1989: Misys stock is listed on the London Stock Exchange.

In 1992, Misys acquired a 20 percent interest in Countrywide IF Network, a collective of independent financial analysts (IFs). Misys subsequently acquired all of Countrywide and used it to become a dominant presence in the IF market.

In 1994 Misys acquired Kapiti, a financial services software firm with 15 international offices, giving Misys a significant presence outside the United Kingdom.

Although Misys was still considered a "little-known software company," according to Computer Weekly, its 1995 takeover of ACT Group plc made it Great Britain's largest software supplier.

For fiscal 1996, Medic had revenue of $192 million and net income before taxes of $39 million.

In 1997, MIT sold its interest in MDM and joined the Magellan project, which now consists of dual 6.5-m telescopes under the exceptionally clear skies of Las Campanas, Chile.

For fiscal 1998 ending May 31, Misys reported revenue of £448 million and an operating profit of 98 million pounds.

At the beginning of 1999, Misys acquired C-ATS Software Inc. for about $60 million in cash.

In fiscal 2000, Y2K issues affected Misys's banking and securities division as well as its healthcare division.

In healthcare, Misys disposed of its U.K.-based health businesses, the ACT Medisys group of companies, in February 2001 for £24 million.

As of 2002, Misys plc was one of the world's largest independent applications software products groups.

In 2004, the LIGO Gravitational wave research moved from Building 20 to NW17, and expanded in following years into NW22.

With the establishment of MKI, the space and aviation experiments of the MVL continued at a high level of activity, but, since 2005, under the auspices of the Aero-Astro Department.

COBE was awarded the Gruber Prize for Cosmology in 2006 and the Nobel Prize for Physics in 2006.

In 2011, an electrical engineer and a theoretical physicist, both with interest in exoplanets, joined, respectively, the faculties of Aero-Astro and Physics departments.

The Voyager 1 and 2 spacecraft are now (2012) in the “Heliosheath”, the outermost layer of the heliosphere where the solar wind of atomic particles is slowed by the pressure of interstellar gas. (NASA/JPL)