They have 3 employees Including themselves and the revenue Is $16,000. July 1, 1976, Microsoft refines and enhances BASIC to sell to other customers Including ETC, General Electric, NCR, and Citibank. Microsoft develops its first ad campaign called, “The legend of Micro-Kid. ” The partnership is moving right along and gates announces that he would like nothing more than to hire 10 programmers and fill the hobby market with good software. February 3, 1977,A partnership agreement between Paul Allen and Bill Gates is officially executed.
Their main product is still BASIC. In November of 1977 the company Is free to market BASIC to others. Wealth months, Microsoft licenses BASIC for the Commodore PET and TRY-80 computers, and egging negotiating with other companies. BASIC product. Bill Gates and Paul Allen shared the title of general partner until 1977, when Bill Gates became president and Paul Allen vice president of Microsoft Corp.. January 1, Microsoft moves its offices to Bellevue, Washington from Albuquerque, New Mexico.
After moving to Bellevue, Microsoft continues to grow in employees, sales, and vision. Microsoft has a BASIC compiler for virtually every microcomputer on the market. However, the company recognizes that languages are only a part of the picture, which Is why Microsoft sakes its first foray into the mass-market possibilities of personal computers by forming the Consumer Products Division, created to develop and market retail products and to provide support for individual users.
Microsoft expands its market to the European market with the addition of Vector Microsoft. Vector International signs on to represent Microsoft In the European market. Microsoft begins extending Its network worldwide to computer manufacturers; they begin using Microsoft hardware and software for 2 the computers they produce.. Microsoft has already established contracts with ICILY, Phillips, RE, and several other Memos. The arrival of the 16-bit IBM personal computer In 1981 set in motion the new era of computing, the personal computer.
Wealth a few years, the Industry would come together around two primary operating reorganizes into a privately held corporation with Bill Gates as President and Chairman of the Board, and Paul Allen as Executive Vice President. Microsoft becomes Microsoft, Inc. , an incorporated business in the State of Washington. On June 25, 1982, James Townes, 39, was appointed president and chief operating officer of Microsoft Lully 6 1982 June 20 1983). In July, Townes took over all operating responsibilities from Bill Gates.
Previously, Townes had been vice president and general manager of the instrument division at Tektronix Inc. February 18, 1983 Paul Allen resigns as Microsoft’s Executive Vice President, but remains on the Board of Directors. June 20, 1983. James Townes resigns as COO August 1, 1983 Microsoft announces that Jon Shirley, 45, has Joined Microsoft as President and Chief Operating Officer and will be on the board from August 1, to June 30,. He is replacing James Townes. Shirley was previously with the Dandy Corporation. In August 1983, Jon Shirley, 45, Joined Microsoft as president, chief operating officer, ND director.
During all these changes Microsoft unveils windows an operating platform that we are all familiar with and use to this day. August 12, Microsoft celebrates its 10th anniversary with sales figures for the fiscal year of 1985 of $140 million. The company has 900 employees and a diverse product line including industry standards like operating systems, languages, business software, hardware, and computer “how-to” books. September 3, Microsoft announces that it has selected the Republic of Ireland as the site of its first production facility outside the U. S.
The Ireland facility, located at Sanford, County Dublin, will be a Duplication and Distribution Center for Microsoft software products to be sold in the European market. On March by a desire to provide value to an increasing number of employee shareholders, Microsoft stock goes public at $21. 00 per share, rising to $28. 00 per share by the end of the first trading day. Initial public offering raises $61 million. December, Microsoft announces that, at the end of 1986, Microsoft employees’ number 1,442. 1,162 are employed domestically, and 280 are employed internationally.