Sydney Development Corporation

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Sydney Development Corporation
IndustryEnterprise Application Software (EAS)
Interactive entertainment
Founded1978
FounderTarrnie Williams
Defunct1989
Headquarters,
Key people
Tarrnie Williams
ProductsProject 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 $48 million in 2018[5]).[citation needed]

The company filed for bankruptcy on 23 May 1989.[6]

References[edit]

  1. ^ "Case: Sydney Development Corp. [C]". MobyGames. Blue Flame Labs. February 14, 2009. Retrieved June 30, 2015.
  2. ^ "Case: Vancouver's video game family tree [C]". The Straight. The Georgia Strait. January 28, 2009. Retrieved June 30, 2015.
  3. ^ "A Distinctive Lineage". Escapist. Retrieved July 10, 2015.
  4. ^ Wolf, Mark J. P. (2015). Video Games Around The World. MIT Press. ISBN 978-0-262-52716-3.
  5. ^ Canadian inflation numbers based on Statistics Canada tables 18-10-0005-01 (formerly CANSIM 326-0021) "Consumer Price Index, annual average, not seasonally adjusted". Statistics Canada. Retrieved March 6, 2019. and 18-10-0004-13 "Consumer Price Index by product group, monthly, percentage change, not seasonally adjusted, Canada, provinces, Whitehorse, Yellowknife and Iqaluit". Statistics Canada. Retrieved March 6, 2019.
  6. ^ The Financial Post Survey of Predecessor and Defunct Companies. 10. Financial Post. 1993. p. 203. Retrieved 2 July 2017.