When was hyperion software first on the market?
Robert Thomson formed the original company that would later become Hyperion in 1981. It was called Information Management Reporting Services or IMRS. (By 1985 the acronym would become the name, and the company would drop the lengthier title for which it had originally stood.) The first product produced by IMRS was Micro Control, which it began selling in 1983. In 1989, IMRS produced its first Windows-based product, OnTrack, and soon afterward began re-creating Micro Control as a Windows application. In 1991 IMRS went public on the NASDAQ. One of the top executives wanted to make the name more memorable and he began looking for words that started with “hyper”. He found the name of the titan Hyperion, a quasi-divine figure from Greek mythology who ruled over the sun, moon, and stars. The company name was officially changed in February 1995. http://www.fundinguniver
