On-Line Software International
 | |
| Industry | Software |
|---|---|
| Founded | 1969 |
| Defunct | 1991 |
| Fate | Acquired by Computer Associates |
| Headquarters | Fort Lee, New Jersey |
On-Line Software International, Inc. was a Fort Lee, New Jersey, company[1] whose earnings reports were followed by The New York Times in the 1980s and 1990s.[2][3] It was founded in 1969.[4]
In late 1986 the company acquired Mathematica's RAMIS (software) product, which had sold it to Martin Marietta Corporation in 1983; Computer Associates subsequently acquired On-Line Software. RAMIS was passed along together with a front-end called English.[5]
Shareholders
[edit | edit source]A claim by former On-Line shareholder against Computer Associates resulted in a 2002 award of $5.7 million "because of violations committed during its 1991 acquisition of On-Line Software International Inc." CA was also ordered to pay "interest of $4.6 million" for the decade plus since 1991.[6][7]
References
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