Pansophic Systems, Inc.

Year Founded:

1969

Founder(s):

Joseph A. Piscopo

Location:

Chicago, IL

Description:

Piscopo started Pansophic with $150,000 in funding from his family and friends. The company struggled for several months before focusing on the software products business. Pansophic's major products were PANVALET, a source program and change management system, and EASYTRIEVE, a report writer and data retrieval system. Each product was installed at more than 10,000 mainframe computer sites. Pansophic was sold to Computer Associates in 1991 for $300 million.

Year of First Public Offering:

1981

Final Year in Business:

1991

Disposition:

Sold to Computer Associates

Price, if sold:

$300 million

Current contact information:

Not applicable

Sources for additional information:

Piscopo, Joseph A. "Pansophic: A Typical 1960s Start-up." Software History Center. Anecdotes/Piscopo1, 1998.

Sources for information on this page:

Interview with Joe Piscopo by Luanne Johnson on 5/8/1986; Joe Piscopo's comments from the transcript of The Software History Center's "One for the History Books" workshop on 09/24/00; personal correspondence from Joe Piscopo to Luanne Johnson (various dates).

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