| Short History of Microsoft Corp. 1975 |
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Formation of Microsoft by Bill Gates and Paul Allen took place in 1975. It is now one of the most powerful and successful computing companies, a distinct improvement on the pair's original company, Traf-O-Data, which made car counters for highway departments. In just 3 years it achieved revenues of $500,000 and employed 15 people. By 1992 this had increased to revenues of 2.8 billion (50% of which are from exports), and over 10,000 employees - a fantastic feat for a company less than 20 years old. Microsoft's big break was when they were asked to write the operating system for the I.B.M. PC, released in 1981. Although financially not as large as IBM, Microsoft Corp. has a huge amount of influence in the Computing Industry. |