a mixed ownership government financing vehicle for the federal savings and loan insurance corporation . fico make every decision count type public company traded as nyse fico industry computer founded 1956 as fair isaac and company headquarters san jose california area served worldwide key people william lansing ceo 1 bill fair co founder earl isaac co founder products fico score services computer software revenue us 788.99 million 2014 net income us 94.88 million 2014 total assets us 1.192 billion 2014 number of employees 2 646 2014 website www.fico.com fico nyse fico originally fair isaac and company is a data analytics company based in san jose california focused on credit rating services . it was founded by bill fair and earl isaac in 1956 . 2 its fico score a measure of consumer credit risk 3 has become a fixture of consumer lending in the united states . in 2013 lenders purchased more than 10 billion fico scores and about 30 million american consumers accessed their scores themselves . 4 contents 1 history 1.1 name changes 1.2 headquarters moves 2 acquisitions 3 operations 4 fico score 5 see also 6 references 7 external links history edit fico was founded in 1956 as fair isaac and company by engineer william fair and mathematician earl isaac . 5 the two had met while working at the stanford research institute in menlo park california . 6 selling its first credit scoring system two years after the company s creation 7 fico pitched its system to fifty american lenders . 8 fico went public in 1986 and is traded on the new york stock exchange . 5 the company debuted its first general purpose fico score in 1989 . 3 scores are based on credit reports and range from 300 to 850 . 3 lenders use the scores to gauge a potential borrower s creditworthiness . 9 fannie mae and freddie mac first began using fico scores to help determine which american consumers qualified for mortgages bought and sold by the companies in 1995 . 10 name changes edit originally called fair isaac and company hence the abbreviation fico this name was changed to fair isaac corporation in 2003 . 7 the company renamed itself fico in 2009 . 11 headquarters moves edit originally based in san rafael california fico moved its headquarters to minneapolis minnesota in 2004 . 12 in 2013 it moved back to california and is currently sited in san jose california . 13 acquisitions edit dynamark 1992 14 risk management technologies 1997 15 prevision 1997 16 nykamp consulting group 2001 17 hnc software 2002 18 narex 2003 19 diversified healthcare services 2003 20 seurat 2003 21 london bridge software 2004 22 braun consulting 2004 23 rulespower 2005 24 dash optimization 2008 25 entiera 2012 26 adeptra 2012 27 cr software 2012 28 infoglide 2013 29 infocentricity 2014 30 karmasphere 2014 31 tonbeller ag 2015 32 operations edit fico is headquartered in san jose california and has additional us locations in roseville minnesota ; san diego ; san rafael california ; fairfax virginia ; new york city and austin texas . 33 the company has international office locations in australia brazil canada china germany india italy japan korea lithuania malaysia the philippines russia singapore south africa spain taiwan thailand turkey and the united kingdom . 33 fico score edit main article fico score a measure of credit risk fico scores are available through all of the major consumer reporting agencies in the united states mexico and canada equifax ; 34 experian ; 34 transunion ; 34 prbc . 35 see also edit mark n. greene references edit fico shuffles executive ranks under new ceo . twin cities business . 25 april 2012 . retrieved 21 october 2014 . how fico became the credit score . bankrate.com . 2009 12 04 . retrieved 2015 05 13 . a b c ann carrns 10 may 2012 . is that credit score a fico or a fico 8 . new york times . retrieved 21 october 2014 . evan nemeroff 7 march 2014 . new fico scoring model coming this summer . national mortgage news . retrieved 21 october 2014 . a b dean foust ; aaron pressman 2008 02 06 . credit scores not so magic numbers . retrieved 2014 11 02 . jennifer bjorhus 2013 01 04 . fair isaac moving its hq back to california . retrieved 2014 11 02 . a b history fico official site adriene hill 2014 04 22 . a brief history of the credit score . retrieved 2014 11 02 . ann carrns 2012 05 03 . report finds improvement in credit scores . retrieved 2014 11 02 . north american credit scoring & reporting . benbest.com . 2009 12 04 . retrieved 2015 05 13 . fico unveils new ticker symbol on new york stock exchange dead link fico official site dan fost 11 may 2004 . fair isaac moving its hub most company executives already set up in minnesota . sfgate . retrieved 21 october 2014 . pete carey 4 january 2013 . fico moves headquarters to san jose . mercury news . retrieved 21 october 2014 . fico consolidating operations in roseville . twincities.com . 2012 06 22 . retrieved 2014 10 30 . rmt merges with fair isaac . july 1997 . retrieved 2014 10 30 . bruce d d ambrosio . buy sell econtent.com . retrieved 2015 05 14 . fair isaac to acquire nykamp consulting . 2001 12 12 . retrieved 2014 10 30 . fair isaac merging with hnc software . 2002 04 30 . narex sold for 10m . 2003 07 28 . retrieved 2014 10 30 . fair isaac acquires diversified healthcare . 2003 09 19 . retrieved 2014 10 30 . california firm buys seurat . 2003 10 06 . retrieved 2014 10 30 . fair issac offers 166m for london bridge software . 2004 04 26 . fair isaac and braun consulting announce acquisition agreement . 2004 09 24 . retrieved 2014 10 30 . fair isaac acquires rulespower technology to advance business rules capabilities . 2005 09 28 . retrieved 2014 10 30 . fair isaac acquires dash optimization bringing increased power . retrieved 2014 10 30 . howard pankratz 2012 05 09 . denver based entiera acquired by fico . retrieved 2014 10 30 . fico completes 115m acquisition of adeptra . finance.yahoo.com . yahoo . september 10 2012 . retrieved 4 november 2014 . ed stych 2012 11 26 . fico buys collections and receivables software company . retrieved 2014 10 30 . infoglide software acquired by credit score giant fico . 2013 04 04 . retrieved 2014 10 30 . fico set to acquire infocentricity . 2014 03 14 . retrieved 2014 10 30 . fico adds big data analytics for hadoop to fico analytic cloud . 2014 05 16 . retrieved 2014 10 30 . fico acquires tonbeller . retrieved 2015 05 21 . a b office locations . retrieved 2014 10 30 . a b c credit reporting agencies fico official site fair isaac and prbc team up to enhance credit risk tools used by mortgage industry fico official site external links edit official website retrieved from https en.wikipedia.org w index.php title fico & oldid 743777052 categories business intelligence companiesbusiness software companiescompanies based in minneapoliscompanies listed on the new york stock exchangedata mining and machine learning softwaredata visualization softwarefinancial services companies based in californiafinancial technology companiesmultinational companies headquartered in the united statessoftware companies based in the san francisco bay areastatistical softwarecompanies established in 1956hidden categories all articles with dead external linksarticles with dead external links from september 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran aisbahasa indonesia edit links this page was last modified on 11 october 2016 at 05 51 . text is available under the creative commons attribution sharealike license ; 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