Who founded Microsoft in 1975 with Bill Gates?
"portmanteau of ""microcomputer"" and ""software"". Microsoft is ranked No. 30 in the 2018 Fortune 500 rankings of the largest United States corporations by total revenue. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Microsoft Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from"
"Paul Allen Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American business magnate, investor, software engineer, humanitarian, and philanthropist. Alongside Bill Gates, Allen co-founded Microsoft in 1975, which helped spark the microcomputer revolution and later became the world's largest PC software company. In March 2018, he was estimated to be the 44th-wealthiest person in the world, with an estimated net worth of $21.7 billion, revised at the time of his death to $20.3 billion. Allen was the founder, with his sister Jody Allen, and Chairman of Vulcan Inc., the privately-held company that managed his various business"
"it, marketing it as Altair BASIC. Gates and Allen officially established Microsoft on April 4, 1975, with Gates as the CEO. The original name of ""Micro-Soft"" was suggested by Allen. In August 1977 the company formed an agreement with ASCII Magazine in Japan, resulting in its first international office, ""ASCII Microsoft"". Microsoft moved to a new home in Bellevue, Washington in January 1979. Microsoft entered the operating system (OS) business in 1980 with its own version of Unix, called Xenix. However, it was MS-DOS that solidified the company's dominance. After negotiations with Digital Research failed, IBM awarded a contract to"
"Microsoft"" (now called ""Microsoft Japan""), and on November 29, 1979, the term, ""Microsoft"" was first used by Bill Gates. On January 1, 1979, the company moved from Albuquerque to a new home in Bellevue, Washington, since it was hard to recruit top programmers to Albuquerque. Shortly before the move, eleven of the then-thirteen employees posed for the staff photo on the right. Steve Ballmer joined the company on June 11, 1980, and would later succeed Bill Gates as CEO from January 2000 until February 2014. The company restructured on June 25, 1981, to become an incorporated business in its home"
"University where Bill Gates had ended up. Allen later convinced Gates to drop out of Harvard in order to create Microsoft. In 1975, in Albuquerque, New Mexico, Allen and Gates began marketing a BASIC programming language interpreter. Allen came up with the original name of ""Micro-Soft"" (a combination of ""microcomputer"" and ""software""), according to a 1995 ""Fortune"" magazine article. In 1980, after Microsoft had committed to deliver IBM a disk operating system (DOS) for the original IBM PC, although they had not yet developed one, Allen spearheaded a deal for Microsoft to purchase QDOS (Quick and Dirty Operating System), written"
"retail version of Microsoft Windows on November 20, 1985. In August of the following year, the company struck a deal with IBM to develop a separate operating system called OS/2. Although the two companies successfully developed the first version of the new system, the partnership deteriorated due to mounting creative differences. From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the company's product strategy. He gained a reputation for being distant from others; as early as 1981 an industry executive complained in public that ""Gates is notorious for not being reachable by phone and for not returning"
"Seattle was definitely recovering from the blow dealt by the Boeing recession, refilling areas that had threatened to become slums. Bill Gates and Paul Allen, founders of Microsoft Corporation, attended the Lakeside School, a private middle and high school in Haller Lake, at the northern Seattle city limits. This turned out to have rather dramatic consequences for the entire Seattle area. Microsoft's first product, Microsoft BASIC, came out in 1976. The company was incorporated in New Mexico the same year. By 1978 sales exceeded one million dollars a year. In 1979, Microsoft moved its offices back to Redmond from Albuquerque,"
"computer. Microsoft, now one of the world's largest software companies, was founded in 1975 when Paul Allen and Bill Gates came to Albuquerque to write software for the Altair. The company's headquarters remained in the city until 1979. Albuquerque's population has continued to grow since the 1970s, reaching 545,852 in 2010. Much of this growth has occurred on the West Side, creating traffic problems and demand for more river crossings. However, construction of new bridges was opposed by North Valley residents who wanted to preserve the area's rural character. Two new bridges were approved by the state government in 1980,"
"moved into renovated buildings, suddenly there was a market for facilities to service them, leading to a ""flood of other restaurants, galleries, boutiques."" Seattle was definitely recovering from the blow dealt by the Boeing recession, refilling areas that had threatened to become slums. In 1979, Bill Gates (1955–) and Paul Allen (1954–2018), founders of Microsoft, moved their small company from New Mexico to the suburbs of their native Seattle. By 1985, sales were over $140 million, by 1990, $1.18 billion, and by 1995, Microsoft was the world's most profitable corporation, Allen and Gates were billionaires, and thousands of their past"
"beneficiaries. Weiland was a high school classmate and friend of Paul Allen, with whom he created the Lakeside Programmers Group at Lakeside School, a preparatory school in Seattle, Washington, United States. Bill Gates, Paul Allen, Kent Evans, and Weiland were involved with the Computer Center Corporation, using their PDP-10. They worked together to create a payroll program in COBOL for a company in Portland, Oregon; and wrote scheduling software for Lakeside School. Allen and Gates hired Ric in 1975, the same year they founded Microsoft in Albuquerque. As one of only five employees, Weiland was a lead programmer and developer"
"Melinda Gates Melinda Ann Gates DBE (née French; born August 15, 1964) is an American philanthropist. She is a former Microsoft employee and co-founder of the Bill & Melinda Gates Foundation. She worked at Microsoft, where she was project manager for Microsoft Bob, ""Encarta"" and Expedia. Melinda Ann French was born on August 15, 1964 in Dallas, Texas. She is the second of four children to Raymond Joseph French Jr., an aerospace engineer, and Elaine Agnes Amerland, a homemaker. Melinda has an older sister and two younger brothers. Melinda, a Roman Catholic, attended St. Monica Catholic School, where she was"
"worked and MITS agreed to distribute Altair BASIC. Allen and Gates left Boston, where Allen worked for Honeywell and Gates was enrolled in Harvard, moved to Albuquerque (where MITS was located), and co-founded Microsoft there. Revenues of the company totalled $16,005 by the end of 1976. Allen came up with the original name of ""Micro-Soft"", a portmanteau of microcomputer and software. Hyphenated in its early incarnations, on November 26, 1976 the company was registered under that name with the Secretary of State of New Mexico. The company's first international office was founded on November 1, 1978, in Japan, entitled ""ASCII"
"SpaceShipOne, his purchase of the Portland Trailblazers and Seattle Seahawks, his passion for music, and his ongoing support for scientific research. The book made ""The New York Times Best Seller list"". The paperback version of ""Idea Man"", which included a new epilogue, came out on October 30, 2012. Paul Allen Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American business magnate, investor, software engineer, humanitarian, and philanthropist. Alongside Bill Gates, Allen co-founded Microsoft in 1975, which helped spark the microcomputer revolution and later became the world's largest PC software company. In March 2018, he was estimated"
"and the eighth, James Irwin. Scottish Americans have also been leaders in computing and information technology. Scottish Americans Howard Aiken and Grace Murray Hopper created the first automatic sequence computer in 1939. Hopper was also the co-inventor of the computer language COBOL. Ross Perot, another Scottish American entrepreneur, made his fortune from Electronic Data Systems, an outsourcing company he established in 1962. Software giant Microsoft was co-founded in 1975 by Bill Gates, who owed his start in part to his mother, the Scottish American businesswoman Mary Maxwell Gates, who helped her son to get his first software contract with IBM."
"calculator price war left the company deeply in debt by 1974. Roberts then developed the first commercially successful microcomputer, the Altair 8800, which was featured on the January 1975 cover of ""Popular Electronics"". Hobbyists flooded MITS with orders for the $397 computer kit. Paul Allen and Bill Gates saw the magazine and began writing software for the Altair, later called Altair BASIC. They moved to Albuquerque to work for MITS and in July 1975 started Microsoft. MITS's annual sales had reached $6 million by 1977 when they were acquired by Pertec Computer. The operations were soon merged into the larger"
"any professional developers to produce, distribute, and maintain high-quality software. This letter was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment. Microsoft became independent of MITS in late 1976, and it continued to develop programming language software for various systems. The company moved from Albuquerque to its new home in Bellevue, Washington, on January 1, 1979. During Microsoft's early years, all employees had broad responsibility for the company's business. Gates oversaw the business details, but continued to write code as well. In the first five years, according to"
"Satya Nadella Satya Narayana Nadella (; born 19 August 1967) is an American business executive from India. He is the Chief Executive Officer (CEO) of Microsoft, succeeding Steve Ballmer in 2014. Before becoming CEO, he was Executive Vice President of Microsoft's cloud and enterprise group, responsible for building and running the company's computing platforms, developer tools and cloud computing services. Nadella was born in Hyderabad, Telangana, India. His father, Bukkapuram Nadella Yugandher, was a civil servant who worked for the Indian Administrative Service of the Government of India. His mother, as Nadella proudly states in his book, ""Hit Refresh: The"
"a one-time purchase option on September 22, 2015. Microsoft Office Microsoft Office is a family of client software, server software, and services developed by Microsoft. It was first announced by Bill Gates on August 1, 1988, at COMDEX in Las Vegas. Initially a marketing term for an office suite (bundled set of productivity applications), the first version of Office contained Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Over the years, Office applications have grown substantially closer with shared features such as a common spell checker, OLE data integration and Visual Basic for Applications scripting language. Microsoft also positions Office as"
"of Microsoft in 2015 by CEO Satya Nadella, becoming the first President of Microsoft since Richard Belluzzo in 2002. In these roles, Smith is responsible for Microsoft's corporate, external, and legal affairs, and is also the firm's chief compliance officer. Within three months in his new position, Smith announced the launch of Microsoft Philanthropies, a branch of the company dedicated to donating money and services to the public good. In the following two years, Microsoft Philanthropies donated tens of millions in grants to education and refugee organizations, and hundreds of millions in Microsoft Azure cloud computing services to nonprofits and"
"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, which was established in 2000. He gradually transferred his duties to Ray Ozzie and Craig Mundie. He stepped down as chairman of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella. Gates is one of the best-known entrepreneurs of the personal computer revolution. He has been criticized for his business tactics, which have been considered anti-competitive. This opinion has been upheld by numerous court rulings."
"operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry. Despite IBM's name on the operating system, the press quickly identified Microsoft as being very influential on the new computer. ""PC Magazine"" asked if Gates were ""the man behind the machine?"", and ""InfoWorld"" quoted an expert as stating ""it's Gates' computer"". Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates the president of Microsoft and its board chairman. Microsoft launched its first"
"infrastructure that software development requires, Microsoft's subsequent growth would have been impossible.” ""Kirkus Reviews"": ...""surprisingly profound and refreshingly frank."" ""USA Today"": “…complete and candid…” ""The New York Times"": “The book reads well.” Idea Man Idea Man: A Memoir by the Cofounder of Microsoft (2011) is the ""New York Times"" bestselling memoir by Microsoft cofounder Paul Allen. Published in 2011 by Portfolio, a Penguin Group imprint, the book recounts how Allen became enamored with computers at an early age, conceived the idea for Microsoft, recruited his friend Bill Gates to join him, and launched what would become the world’s most successful"
"Microsoft Office Microsoft Office is a family of client software, server software, and services developed by Microsoft. It was first announced by Bill Gates on August 1, 1988, at COMDEX in Las Vegas. Initially a marketing term for an office suite (bundled set of productivity applications), the first version of Office contained Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Over the years, Office applications have grown substantially closer with shared features such as a common spell checker, OLE data integration and Visual Basic for Applications scripting language. Microsoft also positions Office as a development platform for line-of-business software under the"
"supported a broad range of social, health, and education developments including the establishment of the Gates Cambridge Scholarships at Cambridge University. In 1994, the foundation was formed as the William H. Gates Foundation. During the foundation's following years, funding grew to $2 billion. On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with Microsoft, effective July 31, 2008, to allow him to devote more time to working with the foundation. In 2005, Bill and Melinda Gates, along with the musician Bono, were named by ""Time"" as Persons of the Year 2005 for their outstanding"
"software. In 1983, Gates recruited Shirley to join Microsoft as president, chief operating officer, and director. During his tenure, Shirley ran the daily operations of the company and oversaw the construction of the Microsoft campus in Redmond, Washington. He brought to Microsoft managerial maturity and knowledge of the retail sales of computers, and helped guide the company through its initial public offering in 1986. Shirley is credited with being the architect of the company's financial and managerial infrastructure that allowed Microsoft's rapid growth in the 1980s and 1990s. Shirley retired as president and chief operating officer of Microsoft in 1990"
"co-founder Paul G. Allen, who along with Bill Gates started Microsoft in Albuquerque. In May 2007, two exhibits in the ""STARTUP"" Gallery won MUSE awards from the American Alliance of Museums: ""Pizza Run - A Slice of Programming"" won a Silver Level MUSE Award in the category of Interactive Kiosks, and the artifact theater ""Rise of the Machines"" won a Gold Level MUSE Award in the Multimedia Installations Category. In 2017, the museum relinquished control of this exhibit to Paul Allen to use at his Living Computer Museum + Labs in Seattle, WA. The museum previously hosted an exhibit entitled"
"articles by Allison in the first three quarterly issues of the ""People's Computer Company"" newsletter published in 1975 and implementations with source code published in """". Versions were written by Li-Chen Wang and Tom Pittman. In 1975 MITS released Altair BASIC, developed by Bill Gates and Paul Allen as the company Micro-Soft, which eventually grew into corporate giant Microsoft. The first Altair version was co-written by Gates, Allen, and Monte Davidoff. Almost universally, home computers of the 1980s had a ROM-resident BASIC interpreter, which the machines booted directly into. When the Apple II, PET 2001, and TRS-80 were all released"
"Winer first met with Bill Gates, the co-founder and then-President, CEO, and chair of Microsoft, in February 1987. Gates wrote a letter of intent to purchase the company in return for shares of Microsoft. However, the deal fell through and Microsoft instead purchased Living Videotext's competitor, Forethought, Inc., makers of Powerpoint, in a $14-million deal. Powerpoint went on to achieve widespread popularity as part of the Microsoft Office suite. After receiving a number of other offers, Living Videotext merged with Symantec in September 1987. Many of its most popular products were, with Symantec's support, later released for free as ""antique"
"Idea Man Idea Man: A Memoir by the Cofounder of Microsoft (2011) is the ""New York Times"" bestselling memoir by Microsoft cofounder Paul Allen. Published in 2011 by Portfolio, a Penguin Group imprint, the book recounts how Allen became enamored with computers at an early age, conceived the idea for Microsoft, recruited his friend Bill Gates to join him, and launched what would become the world’s most successful software company. The book, reveals the often conflicted partnership between Allen and Gates, and how — when Allen was recovering from cancer — Gates unsuccessfully conspired to dilute Allen’s 36 percent share"
"New Mexico—they had gone to New Mexico to be near a client who no longer dominated their business, Gates and Allen wanted to go back where they were from, and it was easier to entice quality programmers to the Seattle area than the deserts of New Mexico. By 1985, sales were over $140 million, by 1990, $1.18 billion, and by 1995, Microsoft was the world's most profitable corporation, Allen and Gates were billionaires, and literally thousands of their past and present employees were millionaires. Microsoft had grown from a two-man operation to a company with 11,000 employees in 1992 and"
"press release announcing the formation of MITS was published in the December 1969 issue of ""Model Rocketry"". In January 1975 MITS introduced the Altair 8800 computer and the personal computer revolution was launched. Bill Gates and Paul Allen moved to Albuquerque in 1975 to write Altair BASIC and soon started Microsoft. Several copies of ""Model Rocketry"" magazine and the prototype tracking light are on display at the New Mexico Museum of Natural History and Science in their ""STARTUP: Albuquerque and the Personal Computer Revolution"" exhibit. Mr. Mims donated his MITS 816 calculator, Altair 8800 computer, early MITS documents and unsold"
"Microsoft operating system or a non-Microsoft operating system. In effect, the royalty payment to Microsoft when no Microsoft product is being used acts as a penalty, or tax, on the OEM's use of a competing PC operating system. Since 1988, Microsoft's use of per processor licenses has increased."" Following Bill Gates's internal ""Internet Tidal Wave memo"" on May 26, 1995, Microsoft began to redefine its offerings and expand its product line into computer networking and the World Wide Web. The company released Windows 95 on August 24, 1995, featuring pre-emptive multitasking, a completely new user interface with a novel start"
"almost everything on BASIC"", the company should be split 60–40 in his favor. Allen agreed to this arrangement, which Gates later renegotiated to 64–36. In 1983, Gates tried to buy Allen out at $5 per share; however, Allen refused and left the company with his shares intact. This proved critical to Allen's becoming a billionaire after Microsoft went public. Allen officially resigned from his position on the Microsoft board of directors on November 9, 2000. He remained as a senior strategy advisor to the company's executives. In January 2014, he still held 100 million shares of Microsoft. Allen confirmed that"