Microsoft Corporation (also known as MS) is the biggest American famous multinational technology company. Its headquarters is located in Redmond, Washington. Microsoft develops, licenses, supports, manufactures, and sells computer software, consumer electronic products, personal computers, and IT services. Microsoft Windows is the best known software products among the line of operating systems. Microsoft also provide software like the Microsoft office suite, the Edge and Internet Explorer web browsers. Flagship hardware products of this company contains the Xbox video game consoles and the Microsoft Surface tablet line up. In the year of 2016, it became the world’s largest IT software maker by revenue, and one of the world’s most valuable companies. “Microsoft” is a portmanteau of the words “microcomputer” and “software”.
Paul Allen and Bill Gates founded Microsoft on April 4, 1975. Their aim is just to develop and sell some basic interpreters for the Altair8800. Later this company expand to dominate the personal computer operating system market with MS-DOS in the mid of 1980s, followed by Microsoft Windows. The company initial public offering (IPO) in 1986, and had subsequent rise in its share price. This company created 3 billionaires and an estimated 12,000 millionaires among Microsoft employees. Since 1990s, Microsoft has diversified away from the operating system market at that time and has plenty amount of corporate acquisitions
As 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. The company also produces a wide range of other consumer and enterprise software for desktops and servers, including Internet search like “with Bing”, the digital services market like “MSN”, mixed reality “HoloLens”, cloud computing “Azure” and software development “Microsoft Visual Studio”.
Steve Ballmer who replaced Bill Gates as CEO in 2000, and later he envisioned the “devices and services” strategy. This began with the acquisition of DangerInc in 2008, first time entering the personal computer production market for the in June 2012 with the launch of the Microsoft Surface line of tablet computers; and later forming Microsoft Mobile Phone product line through the acquisition of Nokia company’s devices and services division. After that, Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company’s shares reach its highest value since December 1999.