CMG (company)

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This article is about the company; for other usages, see CMG.

CMG was founded in 1964 by Bob Collins, Bryan Mills and chairman Doug Gorman – the first letters of their surnames forming the company name. In fact, Bob Collins never actually commenced with the company, his place being taken by Bob Fawcett. CMG traded as CMG - Computer Management Group, leading to the deliberate misconception that this was what the letters CMG stood for.

CMG started trading in August 1965, when Bryan Mills and Bob Fawcett gave up their jobs (with Burroughs and Honeywell respectively) and started working out of the homes. By late 1965 they had moved into the basement of Doug Gorman's house in Blackheath, South East London. Doug had also left his job and was working full time for the company having worked out his 3 months notice at Cooper Bros. By now the founders had developed, and were selling, the ACT (Accountants' Time Ledger) package. They bought only as much computer time as was needed for the work available, and produced a fully comprehensive package service.

In 1966 they opened offices in Davis House in Croydon. A rapid expansion ensued followed by a move to Sunley House in Croydon and offices subsequently being opened in Glasgow, Amsterdam, Brussels and Middlesex and the installation of Burroughs computers.

Although Bryan Mills and Bob Fawcett left CMG in the 1980s, Doug Gorman continued to lead CMG until his death in 1995.

CMG floated on the London and Amsterdam stock exchanges in December 1995. Until that time, only employees and their immediate families could purchase shares in CMG, and at its peak about 80% of employees owned shares in the company.

In 2002 CMG merged with Logica. The merger of Logica (60%) with CMG / Admiral (40%), on December 30, 2002, represented the union of an established technology firm (Logica) with an established consulting firm (CMG). The move was generally considered by commentators at the time to be of good strategic value for both companies. Profit rises since the merger further validate the decision.

Further information: LogicaCMG