Sydney Development Corporation
| Industry | Enterprise Application Software (EAS) video games |
|---|---|
| Founded | 1978 |
| Founder | Tarrnie Williams |
| Defunct | 1989 |
| Headquarters | , |
Key people | Tarrnie Williams |
| Revenue | Can$21 million In 1983 |
Number of employees | ~100 |
Sydney Development Corporation (SDC) was the first publicly traded software company in Canada. Founded by Tarrnie Williams, SDC developed an online real-time project management system for the IBM System z[citation needed] mainframe computer, then various different business applications for microcomputers such as the Apple II, and eventually became the first developer and publisher of computer games for microcomputers in Canada.[1][2]
In 1981, SDC agreed to publish Evolution by Don Mattrick and Jeff Sembers, after Williams's 10-year-old son enjoyed a demo of the game.[3] Evolution sold over 400,000 copies, and Mattrick and Sembers went on to found Distinctive Software.[4]
Sydney Development Corp. was the fastest-growing public company in Canada in the five-year period 1978 to 1983 with fiscal year 1983 revenues of Can$21 million (equivalent to $57 million in 2023[5]).[citation needed]
The company filed for bankruptcy on 23 May 1989.[6]
References
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