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Consco

US software development firm

Consco Enterprises Inc. was a software development firm headquartered in Edison, New Jersey, United States, in the early to late 1980s.

01Products

Consco's primary product dubbed Consolidation, was based on pegboard accounting principles and designed to generate complex quarterly and annual tax reports for large multi-national corporations. Pegboard systems were and are still sold nationwide by "Control o fax" in Waterloo, Iowa.

The main Consolidation product was later packaged with other Consco financial applications, such as Currency Conversion, which added functionality. The package was named Accounting Information System, or AIS.

02Clients

Some AIS clients included the Ford Motor Company, Campbell Soup Company, Miles Laboratories, LTV Corporation, Owens-Illinois, Texaco, Pennzoil, The Tennessee Valley Authority and Cummins Engine Company.

Consco's shares were traded on NASDAQ under the symbol CNSO. An unrelated company, CNS Response, now uses that symbol. In 1988, the company sold its product line to Computer Associates. In May 1984, Seymour Altucher was the company's chairman.

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Sources and credits

This article is adapted from the Wikipedia article Consco, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.

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