Tyler Technologies

Tyler Technologies Inc.

Type	Public
Traded as	NYSE: TYL S&P 400 component
Industry	Software
Founded	1966 (1966)
Founder	Joseph F. McKinney
Headquarters	Plano, Texas, United States
Number of locations	26
Area served	USA, Canada
Key people	John S. Marr Jr., Executive Chairman of the Board H Lynn Moore Jr., CEO & President
Products	Public sector software
Services	Business services & supplies
Number of employees	4,300 (2018)
Website	http://www.tylertech.com

Tyler Technologies Inc. is a major public sector software company based in Plano, Texas. It is the largest software company in the United States that is solely based on providing integrated software and technology services to the public sector — states, cities, counties, and school districts. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.^[1]

History

Tyler Technologies was founded by Joseph F. McKinney in 1966 as Saturn Industries after buying three government companies from Ling-Temco-Vought. In 1968, the company acquired Tyler Pipe, a manufacturer of iron pipes, which eventually became the company's main source of annual revenue. Tyler Pipe was later renamed Tyler Corporation as a result of its success. In 1969, Saturn Industries was listed on the New York Stock Exchange (NYSE). In 1970, the company was listed again on the NYSE and changed its name to Tyler Corporation (TYL). Tyler Corporation entered the government software market in 1998. Tyler Corporation became Tyler Technologies in 1999.^[2][3]

Awards and recognition

Forbes ranked Tyler Technologies as number 22 in 2017, 24 in 2016, 27 in 2014, and 25 in 2013 on its Most Innovative Growth Companies List.^[4] The company was also ranked number 49 on Forbes' America's Best Small Companies in 2014.^[5]

Acquired Companies

Since 1998, the company has acquired 31 other smaller public sector software companies:

• Business Resources Corporation (BRC) in Minneapolis, MN and Interactive Computer Designs, Inc. (Incode) in Lubbock, TX, and The Software Group, Inc. in Plano, TX were acquired in 1998.^[6][7]
• Eagle Computer Systems, Inc. in Eagle, CO, Micro Arizala Systems, Inc. (Fundbalance) in Ann Arbor, MI, Process Incorporated d/b/a Computer Center Software (Munis) in Falmouth, ME, Gemini Systems (a subsidiary of Essex Technology Group, Inc. in Rochelle Park, NJ), and Cole Layer Trumble Company (CLT) in Dayton, OH, were acquired in 1999.^{[8][9][10][11][12]}

• Eden Systems, Inc. in Renton, WA and GBF Information Systems in Portland, ME, were acquired in 2003.^[13][14]
• MazikUSA, Inc. (Mazik Global, Inc.), in Park Ridge, IL and TACS, Inc. in Indianapolis, IN, were acquired in 2006.^[15][16]
• Advanced Data Systems, Inc. in Paramus, NJ , EDP Enterprises, Inc. in Longview, TX, and Chandler Information Systems in Cameron, TX, were acquired in 2007.^[17][18][19]
• Versatrans in Latham, NY, Olympia Computing Company, Inc. in Olympia, WA, and School Information Systems in St. Louis, MO, Inc., were acquired in 2008.^{[20][21][22][23]}
• PulseMark, LLC in St. Louis, MO, Assessment Evaluation Services, Inc. in San Diego, CA, and Parker-Lowe & Associates in Ocracoke, NC, were acquired in 2009 ^[24][25][26]
• Wiznet, Inc. in Delray Beach, FL, acquired in 2010^[27]
• Yotta MVS Inc. in Kansas City, MO and Windsor Management Group (Infinite Visions) in Tempe, AZ, were acquired in 2011.^[28][29][30]
• Akanda Innovation, Inc. in Toronto, Ontario, Canada, UniFund, LLC in Nashua, NH, Computer Software Associates, Inc. in Billings, MT, and EnerGov Solutions in Duluth, GA, were acquired in 2012^{[31][32][33][34]}
• SoftCode, Inc. in Marlborough, MA, acquired in 2014^[35]
• Brazos Technology Corporation in College Station, TX and New World Systems in Troy, MI, were acquired in 2015.^[36][37]
• ExecuTime Software, LLC in Tulsa, OK, acquired in 2016.^[38]
• Modria Inc. in San Jose, CA, Digital Health Department, Inc. in Charlotte, NC, and Radio 10-33 in Plymouth, MN were acquired in 2017.^{[39][40][41][42]}
• Socrata in Seattle, WA and Sage Data Security, LLC in Portland, ME were acquired in 2018.^[43][44]

Products

The company's public sector software includes six categories: appraisal and tax software and services, integrated software for courts and justice agencies, enterprise financial software systems, planning/regulatory/maintenance software, public safety software, records/document management software solutions and transportation software solutions for schools.^[45]

References