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San Diego Data Processing history
San Diego Data Processing company history timeline
American Express, which was itself attempting to build a financial services operation, bought First Data Resources in 1980 to perform processing functions.
By 1983 the operation was reaping $24 million in revenues and had become the largest banking data processor in the Southeast.
In March 1984, First Financial paid $2 million for Marion, Illinois-based United Computer Services, Inc., and one month later purchased Financial Systems, Inc.
To attain this status, First Financial continued its rapid pace of acquisitions in 1985, buying four computer data services during the year.
SDSC was founded in 1985 with a $170 million grant from the NSF Supercomputer Centers program.
In October 1987 the company bought the National Bancard Corporation (NaBanco) of Fort Lauderdale, Florida, for $48 million.
First Financial ended 1988 with revenues of $423.7 million, an increase of more than 100 percent over the previous year.
By 1989, the station had seen tremendous growth in its role as a leader in naval telecommunications, delivering over 48 million messages in that year alone.
Although First Financial's pace of acquisitions slowed in 1991, its revenues climbed to $1.2 billion.
After receiving a cash settlement from IBM, First Financial completed the sale of BASIS to FIServe, Inc. for $96 million in February 1993.
The paths of First Financial and First Data first crossed in 1994, when each attempted to acquire Western Union Financial Services, the world's leading money transfer company.
First Data Corporation's partnership with Microsoft in 1997 was intended to keep First Data Corporation firmly at the center of this new commercial realm.
First Data Corporation's 1997 sales soared to more than $5 billion.
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San Diego Data Processing competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SCT | 2000 | $213.7M | 2,500 | 13 |
| Dominion Resource Center | 2005 | $3.8M | 6 | - |
| Advanced Information Systems Group | 1991 | $3.5M | 42 | - |
| Snohomish County PUD | 1936 | $106.8M | 1,250 | - |
| Indiana Health Information Exchange | 2004 | $50.0M | 62 | 1 |
| I.M. Systems Group | 1987 | $3.0M | 35 | 1 |
| Enroute Computer Solutions | 1994 | $47.6M | 350 | 2 |
| Saginaw County | 1835 | $3.8M | 125 | 3 |
| Integral Consulting | 2002 | $26.1M | 100 | 127 |
| Defense Advanced Research Projects Agency | 1958 | $35.0M | 220 | - |
San Diego Data Processing history FAQs
Zippia gives an in-depth look into the details of San Diego Data Processing, including salaries, political affiliations, employee data, and more, in order to inform job seekers about San Diego Data Processing. The employee data is based on information from people who have self-reported their past or current employments at San Diego Data Processing. 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 San Diego Data Processing. The data presented on this page does not represent the view of San Diego Data Processing and its employees or that of Zippia.
San Diego Data Processing may also be known as or be related to San Diego Data Processing, San Diego Data Processing Corp., San Diego Data Processing Corporation and San Diego Data Processing Corporation Inc.