Mathematica Inc. (1968–1986)
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Mathematica Inc. (1968–1986)
Mathematica Inc. was a multi-faceted American software company and consulting group founded by Princeton University professors in 1958 and established as an independent corporation in 1968. The company had three primary divisions: Mathematica Policy Research, which did consulting work, mostly "to develop mathematical models for marketing decision making"; Mathematica Products Group, best known for developing the RAMIS programming language; and MathTech, the company's technical and economic consulting group. The company was also a leading developer of state lottery systems. In early 1982, the company's stock was split 3-for-2. Mathematica Products Group was soon spun off and purchased by Martin Marietta Corporation, in May 1983. The division was then renamed Mathematica & Oxford Software. Marietta sold Mathematica & Oxford Software to On-Line Software International in 1986; On-Line was in turn sold to Computer Associates, in 1991. Mathematica Policy Research and MathTech were al ...
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Princeton University
Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The institution moved to Newark, New Jersey, Newark in 1747 and then to its Mercer County, New Jersey, Mercer County campus in Princeton nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate instruction in the hu ...
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RAMIS (software)
RAMIS ("Rapid Access Management Information System") is a fourth-generation programming language (4GL) capable of creating and maintaining databases consisting of named files containing both numeric and alphabetic fields and subsequently producing detailed simple or complex reports using a very simple English like language. As such it is easily mastered by non-programmers. A typical program - either to create or maintain a database or to create quite complex reports - would normally consist of a handful of lines of code which could be written or understood by non-professional programmers. "End users" as they became known. Such end users could be trained to use RAMIS in a matter of days and so large companies would often have several hundred such users scattered throughout the company. History RAMIS was initially developed in the mid 1960s by the company Mathematica Products Group Inc. (MPG) (1968–1986), Mathematica on a consulting contract for a marketing study by a team headed ...
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Stock Split
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company: stock dilution does not occur. A company may split its stock when the market price per share is so high that it becomes unwieldy when traded. One of the reasons is that a very high share price may deter small investors from buying the shares. Stock splits are usually initiated after a large run up in share price. Effects The main effect of stock splits is an increase in the liquidity of a stock: there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume. Berkshire Hath ...
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Martin Marietta Corporation
The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. History Martin Marietta formed in 1961 by the merger of the Glenn L. Martin Company and American-Marietta Corporation. Martin, based in Baltimore, was primarily an aerospace concern with a recent focus on missiles, namely its Titan program. This program was established in 1955 when the company secured the U.S. Air Force contract to build the country's second intercontinental ballistic missile (ICBM). American-Marietta was headquartered in Chicago and produced paints, dyes, metallurgical products, construction materials, and other goods. In 1982, Martin Marietta was subject to a hostile takeover bid by the Bendix Corporation, headed by William Agee. Bendix bought the majority of Martin Marietta shares and in effect owned the company. However, Martin Mariett ...
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On-Line Software International
On-Line Software International, Inc. was a Fort Lee, New Jersey, company whose earnings reports were followed by ''The New York Times'' in the 1980s and 1990s. It was founded in 1969. In late 1986 the company acquired Mathematica's RAMIS (software) product, which had sold it to Martin Marietta Corporation in 1983; Computer Associates CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent ... subsequently acquired ''On-Line Software''. RAMIS was passed along together with a front-end called ''English''. Shareholders 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 t ...
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Computer Associates
CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software (and for a while applications software) that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments. The company's primary founder was Charles Wang. The main key to Computer Associates' fast growth was the acquisition of many lesser-sized software companies in the IBM mainframe industry segment. CA was known for large-scale dismissals of employees in the acquired firms, and for sometimes extracting cash flow from acquired products rather than enhancing them. Customers of CA often criticized the company for its poor technical support and hostile attitude. CA underwent a major accou ...
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Computerworld
''Computerworld'' (abbreviated as CW) is a computer magazine published since 1967 aimed at information technology (IT) and Business computing, business technology professionals. Original a print magazine, ''Computerworld'' published its final print issue in 2014; since then, it has been available as an online news website and as an online magazine. As a printed weekly during the 1970s and into the 1980s, ''Computerworld'' was the leading trade publication in the data processing industry. Based on circulation and revenue it was one of the most successful trade publications in any industry. Later in the 1980s it began to lose its dominant position. It is published in many countries around the world under the same or similar names. Each country's version of ''Computerworld'' includes original content and is managed independently. The publisher of ''Computerworld'', Foundry (formerly IDG Communications), is a subsidiary of International Data Group. History The publication was lau ...
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Mathematica Inc
Wolfram (previously known as Mathematica and Wolfram Mathematica) is a software system with built-in libraries for several areas of technical computing that allows machine learning, statistics, symbolic computation, data manipulation, network analysis, time series analysis, NLP, optimization, plotting functions and various types of data, implementation of algorithms, creation of user interfaces, and interfacing with programs written in other programming languages. It was conceived by Stephen Wolfram, and is developed by Wolfram Research of Champaign, Illinois. The Wolfram Language is the programming language used in ''Mathematica''. Mathematica 1.0 was released on June 23, 1988 in Champaign, Illinois and Santa Clara, California. Mathematica's Wolfram Language is fundamentally based on Lisp; for example, the Mathematica command Most is identically equal to the Lisp command butlast. There is a substantial literature on the development of computer algebra systems (CAS). __TOC_ ...
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Oskar Morgenstern
Oskar Morgenstern (; January 24, 1902 – July 26, 1977) was a German-born economist. In collaboration with mathematician John von Neumann, he is credited with founding the field of game theory and its application to social sciences and strategic decision-making. He also made significant contributions to decision theory (see von Neumann–Morgenstern utility theorem). He served as a consultant or co-founder for companies including the Market Research Corporation of America and the original Mathematica Inc. Biography Morgenstern was born in Görlitz in the Prussian Province of Silesia. His mother was rumored to be a daughter of Emperor Frederick III. Morgenstern grew up in Vienna, Austria, where he attended university. In 1925, he graduated from the University of Vienna with a PhD in political science. From 1925 to 1928, he undertook a three-year fellowship financed by the Rockefeller Foundation. After his return in 1928, he became a professor of economics at the Unive ...
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Mathematica Policy Research
Mathematica, Inc., formerly Mathematica Policy Research, is an American research organization and consulting company headquartered in Princeton, New Jersey. The company provides data science, social science, and technological services for social policy initiatives. At the end of 2024, Mathematica employed approximately 1,900 researchers, analysts, technologists, and practitioners in nine offices across the United States: Princeton, New Jersey; Cambridge, Massachusetts; Chicago, Illinois; Washington, DC; Ann Arbor, Michigan; Seattle, Washington; Woodlawn, Maryland; Tucson, Arizona and Oakland, California. In 2018, the company acquired EDI Global, a data research company based in the United Kingdom and Africa. Mathematica's clients include federal agencies, state and local governments, Foundation (non-profit), foundations, universities, private-sector companies, and international organizations. History Samuel G. Barton founded the Industrial Surveys Company in the late 1930s. His c ...
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Employee-owned
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in Public company, public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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