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Advanced Computer Techniques (ACT)
Year Founded:
1962
Founder(s):
Charles Lecht
Location:
New York, NY
Description:
Lecht founded ACT with a capital investment of $800 and a $100,000 contract from
Univac to fix problems in the compiler for its LARC computer. It went public in 1968
and by 1979 had revenues of nearly $16.5 million.
Year of First Public Offering: 1968
Final Year in Business: ?
Disposition: ?
Price, if sold: ?
Current contact information: Not applicable
Sources for additional information:
Fishman, Katherine Davis. The Computer Establishment.
New York: Harper & Row, 1981 (pp. 268-280).
"A Software Industry Retrospective 1969-89." Software
Magazine, Vol 9., No. 4 (March Extra, 1989): 70.
Sources for information on this page:
Fishman, Katherine Davis. The Computer Establishment.
New York: Harper & Row, 1981 (pp. 268-280); "A Software Industry
Retrospective 1969-89." Software Magazine, Vol 9., No. 4 (March
Extra, 1989): 70.
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founded in the 1960s
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