Sydney Development Corporation
Industry |
Enterprise Application Software (EAS) Interactive entertainment |
---|---|
Founded | 1978 |
Founder | Tarrnie Williams |
Defunct | 1989 |
Headquarters | Vancouver, British Columbia, Canada |
Key people | Tarrnie Williams |
Products |
Project management software Video games |
Revenue | $21 million In 1983 |
Number of employees | ~100 |
Sydney Development Corporation (“SDC”), was the first publicly traded software company in Canada. Founded by Tarrnie Williams, SDC developed an online real-time project management system for the IBM System z mainframe computer, then various different business applications for microcomputers such as the Apple II, and eventually became the first developer and publisher of computer games for microcomputers in Canada.[1][2]
In 1981, SDC agreed to publish Evolution by Don Mattrick and Jeff Sembers, after Williams's 10-year-old son enjoyed a demo of the game.[3] Evolution sold over 400000 copies, with Mattrick and Sembers going on to found Distinctive Software.[4]
Sydney Development Corp. was the fastest growing public company in Canada in the five-year period 1978 to 1983 with fiscal year 1983 revenues of $21 million (equivalent to $46 million in 2016[5]).
The company filed for bankruptcy on 23 May 1989.[6]
References
- ↑ "Case: Sydney Development Corp. [C]". MobyGames. Blue Flame Labs. February 14, 2009. Retrieved June 30, 2015.
- ↑ "Case: Vancouver's video game family tree [C]". The Straight. The Georgia Strait. January 28, 2009. Retrieved June 30, 2015.
- ↑ "A Distinctive Lineage". Escapist. Retrieved July 10, 2015.
- ↑ Wolf, Mark J. P. (2015). Video Games Around The World. MIT Press. ISBN 978-0-262-52716-3.
- ↑ Canadian inflation numbers based on Statistics Canada. "Consumer Price Index, historical summary". CANSIM, table (for fee) 326-0021 and Catalogue nos. 62-001-X, 62-010-X and 62-557-X. And Consumer Price Index, by province (monthly) (Canada) Last modified 2017-07-21. Retrieved July 28, 2017
- ↑ The Financial Post Survey of Predecessor and Defunct Companies. 10. Financial Post. 1993. p. 203. Retrieved 2 July 2017.