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Watcom International Corporation was founded in 1981 from the research of the omputer Systems Group at the University of Waterloo, in Waterloo, Ontario, Canada. Watcom produced a variety of tools, including the well-known Watcom C compiler introduced in 1988.

In 1992, Watcom began a move into the client-server arena with the introduction of Watcom SQL, a SQL database server product.

Watcom was acquired in 1994 by Powersoft, and Powersoft merged with Sybase in 1995. In May, 2000, Sybase spun their mobile and embedded computing division off into its own company, iAnywhere Solutions.