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Saturday, September 17, 2011

History of Microsoft Corporation


History of Microsoft Corporation

Microsoft is a multinational computer technology corporation. The history of Microsoft began on April 4, 1975, when it was founded by Bill Gates and Paul Allen in Albuquerque.[1] Its current best-selling products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software.
Starting in 1980, Microsoft formed an important partnership with IBM that allowed them to bundle Microsoft's operating system with computers that they sold, paying Microsoft a royalty for every sale. In 1985, IBM requested that Microsoft write a new operating system for their computers called OS/2; Microsoft wrote the operating system, but also continued to sell their own alternative, which proved to be in direct competition with OS/2. Microsoft Windows eventually overshadowed OS/2 in terms of sales. When Microsoft launched several versions of Microsoft Windows in the 1990s, they had captured over 90% market share of the world's personal computers.
The company has now become largely successful. As of 2008, Microsoft has global annual revenue of US$ 60.42 billion and nearly 90,000 employees in 105 countries. It develops, manufactures, licenses, and supports a wide range of software products for computing devices.

Overview

Microsoft Corporation (Microsoft) is one of the leading providers of software and storage products and services. The company is engaged in developing, manufacturing, licensing, and supporting software products worldwide. Microsoft also provides consulting, and product and solution support services. Major software products offered by the company include operating systems, server applications, high-performance computing applications and software development tools, business solution applications, information worker productivity applications, and video games. It conducts its business through five reportable business segments, namely, Clients segment, Server and Tools segment, Microsoft business division segment, Entertainment and Devices segment, and Online services segment. Microsoft is headquartered in Redmond (Washington), the US.

William Henry "Bill" Gates III (born October 28, 1955)[3] is an American business magnate, philanthropist, author and chairman of Microsoft, the software company he founded with Paul Allen. He is consistently ranked among the world's wealthiest people [4] and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third.[5] During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with more than 8 percent of the common stock.[6] He has also authored or co-authored several books.
Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is admired by many, a number of industry insiders criticize his business tactics, which they consider anti-competitive, an opinion which has in some cases been upheld by the courts.[7][8] In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.
Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer. Gates' last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.

Paul Gardner Allen (born January 21, 1953) is an American business magnate, investor, real estate developer and philanthropist who co-founded Microsoft with Bill Gates. He is also the 57th richest along with Viktor Vekselberg and Gerald Cavendish Grosvenor (& family) who all rank the same with an estimated wealth of $13 billion as of 2011. He is the founder and chairman of Vulcan Inc., which manages his business and philanthropic efforts. Allen also has a multi-billion dollar investment portfolio which includes technology companies such as Evri and Gist, real estate holdings, and stakes in other technology, media, and content companies. Allen also owns two professional sports teams, the Seattle Seahawks of the National Football League (NFL),[2] and the Portland Trail Blazers of the National Basketball Association (NBA).[3] He is also part-owner of the Seattle Sounders FC, which joined Major League Soccer (MLS) in 2009.[4] Allen's memoir Idea Man: A Memoir by the Cofounder of Microsoft was released on April 19, 2011.
Allen co-founded Microsoft with Bill Gates in Albuquerque, New Mexico, in 1975, and began marketing a BASIC programming language interpreter.[6] Allen came up with the original name of "Micro-Soft," as recounted in a 1995 Fortune magazine article. In 1980, after promising to deliver IBM a Disk Operating System (DOS) they had not yet developed for the Intel 8088-based IBM PC, Allen spearheaded a deal for Microsoft to purchase a Quick and Dirty Operating System (QDOS) written by Tim Paterson who, at the time, was employed at Seattle Computer Products. As a result of this transaction, Microsoft was able to secure a contract to supply the DOS that would eventually run on IBM's PC line. This contract with IBM was the watershed in Microsoft history that led to Allen and Gates's fabulous wealth.[7]
Allen was diagnosed with Hodgkin's lymphoma in 1982. His cancer was successfully treated by several months of radiation therapy. However, he did not return to Microsoft and began distancing himself from the company.[7] Allen officially resigned from his position on the Microsoft board in November 2000 but was asked to consult as a senior strategy advisor to the company's executives.[8] He sold 68 million shares of Microsoft stock that year,[9] but still owns a reported 138 million shares.[10]

MONETTE CALAMBA

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