Mathematica Inc. (1968–1986)

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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:

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In early 1982, the company's stock was split 3-for-2, as the current owners were looking to sell. [2] Martin Marietta acquired all the outstanding stock of Mathematica in 1983. [3] Mathematica Products Group was renamed Mathematica & Oxford Software. Marietta sold the division to On-Line Software International in 1986; [4] On-Line was in turn sold to Computer Associates, in 1991. [5] [6] Mathematica Policy Research and MathTech were later spun off and became employee-owned companies in 1986. Mathematica Policy Research was eventually renamed to Mathematica Inc. and it is the only former unit still carrying the full Mathematica name.

Early day participants

Divisions

A quarter of a century after Mathematica's founding, it "was largely owned by a group of professors in Mathematics and Economics at Princeton University... as this group aged, they opted to cash out by selling." After a brief stint under Martin Marietta, two units became employee-owned companies and another was sold several times.

Mathematica Products Group

In 1982, Mathematica Products Group's RAMIS was described as "nonprocedural" and "bordering on artificial intelligence." [7] This unit of Mathematica was purchased by Martin Marietta Corporation in 1983 [8] and renamed to Mathematica & Oxford Software. [4] Marietta sold Mathematica & Oxford Software in 1986 to On-Line Software International, who merged the subsidiary into their own main operations; [4] On-Line was in turn sold to Computer Associates, in 1991. [5] [6]

The RAMIS product sold well, initially on mainframes, [9] subsequently on PCs.

Mathematica Policy Research

The Mathematica Policy Research (MPR) unit's strength was in "social experiments and surveys." [1] In 1983 MPR reported "a major survey assignment for the American Medical Association."

In 1986, it became a separate, employee-owned company.

MathTech

Like MPR, in 1986 MathTech became an employee-owned company. Known today as Mathtech, Inc., [10] it was described by The New York Times as "a Washington-area educational consulting firm [11]

References

  1. 1 2 3 Karen W. Arenson (February 22, 1983). "MATHEMATICA'S SHIFT INTO SOFTWARE FIELD". The New York Times.
  2. ↑ Staff writer (April 5, 1982). "Nickels & Dimes". Computerworld. XVI (14): 78 – via Google Books.
  3. ↑ Staff writer (May 17, 1983). "Marietta to Acquire Mathematica Inc". The New York Times: D4. ProQuest   424635964.
  4. 1 2 3 Staff writer (October 31, 1986). "On-Line Buys Software Firm". The Wall Street Journal. Dow Jones & Company: 1. ProQuest   397974651.
  5. 1 2 "Features". Computerworld .
  6. 1 2 "Update: Wang leaves CA, hands off to Kumar". November 18, 2002.[ permanent dead link ]
  7. ↑ "Mathematica, Inc". February 24, 1982.
  8. ↑ "RAMIS II, PC Unison". Computerworld. September 9, 1985. p. 6.
  9. ↑ including 40 AT&T licenses, and other known-name companies
  10. ↑ "Mathtech Inc. was originally formed as the Strategy and Consulting arm of Princeton-based professional services firm Mathematica, Inc." "History".
  11. ↑ James Barron (November 8, 1987). "Learning The Facts of Life". The New York Times .
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