First Trade Date for Rational Software Corp.
| Company Name | First Trade Date (yyyy-mm-dd) |
| Rational Software Corp. | 1983-08-15 |
| Company Name | Symbol |
| Rational Software Corp. | RATL |
| History and Business of Company (this information may include date of incorporation) | |
|
Rational Software Corp. (RATL) provides a software development platform that improves the speed, quality, and predictability of software projects. This integrated, full life-cycle solution combines software engineering best practices, market-leading tools, and professional services. Founded in 1981, RATL is one of the world's largest software companies, with revenues of over $814 million in revenues in FY 01 (Mar.). The focus of RATL's business is e-development- helping customers rapidly develop high-quality software for the Internet-connected global economy. The company serves customers in three principal categories: business applications, infrastructure, and embedded systems and devices. Business applications customers include organizations that are leveraging the power of the Internet to improve their businesses by building business-to-business and/or business-to-consumer software. The company's business applications customers include Charles Schwab & Co., E*Trade, i2 Technologies, Merrill Lynch, and Siebel Systems. Infrastructure customers are building the physical and software infrastructure for the Internet and include communications as well as operating system and middleware software vendors. RATL's infrastructure customers include America Online, Cisco, Ericsson, IBM, Lucent, Microsoft, Nokia and Sun Microsystems. Customers are building devices with embedded software that provide connectivity to the Internet and other specialized networks. The company's customers for embedded systems and devices include Hewlett-Packard, Motorola, Palm, Phillips, and Sony. In October 2001, RATL announced that its software development solutions were available to enable federal agencies to comply with Section 508 of the amended Rehabilitation Act of 1998. Section 508 requires that federal agencies' electronic and information technology be accessible to people with disabilities. Agencies must give disabled employees and members of the public access to information that is comparable to the access available to others. Of RATL's tools, federal agencies specifically can implement Rational RequisitePro with Section 508 specific assets, an integrated requirements management tool that promotes better communication between project team members to manage Section 508 requirements when developing software applications and to ensure that these requirements are met. INCORPORATED in Delaware July 28, 1982, as Linvs Computer Systems, Inc.; name changed to Axiom Systems Corp. Oct. 20, 1982; to Verdix Corp. Feb. 1, 1983; and to Rational Software Corp. Mar. 30, 1994. September 10, 1992, acquired all capital stock of Meridian Software Systems, Inc. for 1,200,000 Common shares. February 26, 1997, acquired all stock of SQA, Inc. for apx. 6,997,000 Common shares. March 31, 1997, acquired Performance Awareness Corp. for $31,000,000 cash. OFFICE- 18880 Homestead Rd., Cupertino, CA, USA 95014-0721 (Tel.: 408-863-9900). Fax - 408-496-3636. WEBSITE- http://www.rational.com. | |
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