Martin Allen (entrepreneur)

Martin Allen was the chairman,[1] co-founder[2] and largest individual stockholder (2,272,866 shares) of Computervision Corp. Its first product, CADDS-1, was aimed at the printed circuit layout, and 2-D drafting markets.

Allen netted $34 million when, at age 57, he sold the company to Prime Computer Inc. on 29 January 1988.[3]

References

  1. ↑ McClellan, Stephen T. (1984). The coming computer industry shakeout : winners, losers, and survivors. New York: Wiley. p. 256. ISBN 978-0-471-88063-9. Retrieved 10 February 2011.
  2. ↑ Garfield, Charles (1987). Peak performers: the new heroes of American business. New York, N.Y.: Avon Books. p. 100. ISBN 978-0-380-70304-3. Retrieved 10 February 2011.
  3. ↑ Jane Fitz Simon (29 January 1988). "FOR COMPUTERVISION'S ALLEN, IT WAS A REWARDING BIRTHDAY". Boston Globe. Retrieved 10 February 2011. Martin Allen will not soon forget his 57th birthday On that day he decided to sell his company to Prime Computer Inc and went home $34 million richer...


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