Software Resources Corporation (SRC)

Year Founded:

1967

Founder(s):

Robert V. Head
Dom Nigro

Location:

Los Angeles, CA

Description:

Software Resources Corporation was founded to build and market a portfolio of high quality software application packages by acquiring the marketing rights from computer users who had developed the applications for their own use. This business model turned out to be difficult to implement because it required not only marketing the software packages to customers but also convincing potential contributors of products that they should entrust them to SRC for marketing at a reasonable return. Undercapitalized and under pressure from investors to achieve profitability on an overly ambitious schedule, SRC was sold to Programming Sciences Corporation (PSC) of New York City in 1969.

Year of First Public Offering:

Not applicable.

Final Year in Business:

1969

Disposition:

Sold to Programming Sciences Corporation

Price, if sold:

?

Current contact information:

Not applicable

Sources for additional information:

?

Sources for information on this page:

Head, Robert V. "The Travails of Software Resources", pre-publication draft of an article for the Winter 2002 issue of the IEEE Annals of the History of Computing.

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