1991

Amidst an economic recession, Safeguard Scientifics experienced a year of strong financial turnaround. A national corporate restructuring trend that began in the 1980s was intensified by the 1990-1991 recession, causing companies to downsize in order to remain competitive, with fewer employees expected to work at higher levels of productivity.

To achieve this efficiency, management turned to productivity enhancing information technology tools. For Safeguard Scientifics’ partner companies, the demand curve fueled sales of hardware, software, peripherals and services.