Yes, but

https://cacm.acm.org/magazines/2009/5/24642-the-rise-fall-and-resurrection-of-software-as-a-service/fulltext

(Watch the wrap.)

About the middle of the article:

"The timesharing industry recovered, however. In the 1970s major players 
included General Electric, Timeshare Inc., and CDC. They built massive global 
computer centers that serviced thousands of users. By then those clunky 
teletypes had been replaced with visual display units, or "glass teletypes" as 
they were sometimes known."

I recall Tymshare. I think this was Timeshare, Inc.

Charles

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