The Reynolds and Reynolds Company is a private corporation based in Dayton, Ohio. Its primary business is providing business forms, management software, and professional services to car dealerships. Its software is used to manage sales logistics at dealerships. It also produces forms used in medicine and insurance.
Who owns Reynolds and Reynolds?
Reynolds and Reynolds were founded in 1866 as a printer of standardized business forms. It began developing and marketing digital products in the 1960s. This was followed by a major downsizing of the printing division and subsequent advancements in its software products.
Reynolds and Reynolds first entered the electronic accounting market with the acquisition of a Boston-based accounting software developer in 1960. The software division was doing well in the 1970s, but its products were out-of-date by the 1980s.
At the time, data could not be shared between departments and only one user was allowed on the system at a time. Each computer came at a cost of more than $100,000.
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