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Name: Software Resources, Inc.
Sector: Applications Software

Description
    Software Resources Corporation was founded in Los Angeles, CA in 1967 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.

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Entered By: Luanne Johnson
  February 26, 2010
 

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