Computer Applications, Inc.
Computer Applications, Inc. (CAI) was an American computer software company of the 1960s. Founded in 1960 in New York City, it grew to encompass contract programming, computer services, and various subsidiary businesses. By the end of the decade, it was the second largest independent software company in the United States. Falling into a rapid decline, it went bankrupt in 1970. Origin and growth Computer Applications, Inc. was founded in 1960 and its headquarters were located in New York City. The company was part of a group of software contracting start-up companies that sprung up in the late 1950s and early 1960s. It had an initial offering of shares in 1962. The company soon had additional offices in San Diego, California, and Washington, D.C. In 1963 they acquired Electronic Business Services Corporation, which helped them get into the service bureau business. Eventually they would have the most services bureaus of any computer firm on the East Coast of the United States. A number of other subsidiaries would be part of the company as well, including two located in Silver Spring, Maryland, and one in Fairfield, New Jersey. The company was involved not just in programming jobs for businesses but also for