![]() MITS agreed to distribute it, marketing it as Altair BASIC. Allen worked on a simulator for the Altair while Gates developed the interpreter, and it worked flawlessly when they demonstrated it to MITS in March 1975 in Albuquerque, New Mexico. Gates called MITS and claimed that he had a working interpreter, and MITS requested a demonstration. The January 1975 issue of Popular Electronics featured Micro Instrumentation and Telemetry Systems's (MITS) Altair 8800 microcomputer, which inspired Allen to suggest that they could program a BASIC interpreter for the device. Gates enrolled at Harvard University while Allen pursued a degree in computer science at Washington State University, though he later dropped out to work at Honeywell. In 1972, they founded Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data. 1972–1985: Founding An Altair 8800 computer (left) with the popular Model 33 ASR Teletype as terminal, paper tape reader, and paper tape punch Paul Allen and Bill Gates on October 19, 1981, after signing a pivotal contract with IBM : 228 Bill Gates and Paul Allen's Original Business Cards located in the Microsoft Visitor Center.Ĭhildhood friends Bill Gates and Paul Allen sought to make a business using their skills in computer programming. Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.įor a chronological guide, see Timeline of Microsoft. As of 2023, Microsoft has the third-highest global brand valuation. public company to be valued at over $1 trillion after Apple and Amazon, respectively. In April 2019, Microsoft reached a trillion-dollar market cap, becoming the third U.S. Įarlier dethroned by Apple in 2010, in 2018, Microsoft reclaimed its position as the most valuable publicly traded company in the world. Microsoft Gaming is the third-largest gaming company in the world by revenue as of 2023. Under Nadella's direction, the company has also heavily expanded its gaming business to support the Xbox brand, establishing the Microsoft Gaming division in 2022, dedicated to operating Xbox in addition to its three subsidiaries ( publishers). Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and instead focused on cloud computing, a move that helped the company's shares reach their highest value since December 1999. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. This unfolded with Microsoft acquiring Danger Inc. Steve Ballmer replaced Gates as CEO in 2000 and later envisioned a "devices and services" strategy. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality ( HoloLens), cloud computing ( Azure), and software development ( Visual Studio). ![]() Īs of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. Since the 1990s, it has increasingly diversified from the operating system market and has made several corporate acquisitions, the largest being the acquisition of Activision Blizzard for $68.7 billion in October 2023, followed by its acquisition of LinkedIn for $26.2 billion in December 2016, and its acquisition of Skype Technologies for $8.5 billion in May 2011. ![]() 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. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It is considered one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta. ![]() 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue it was the world's largest software maker by revenue as of 2022. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, and the Edge web browser. Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. ![]()
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