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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 the operating system market and has made a number of corporate
acquisitions, their largest being the acquisition of LinkedIn for $26.2
billion in December 2016,[6] followed by their acquisition of Skype
Technologies for $8.5 billion in May 2011.[7]
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.[8] 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).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a
"devices and services" strategy. [9] This unfolded with Microsoft
acquiring Danger Inc. in 2008,[10] 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. Since 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.[11][12]
Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its
position as the most valuable publicly traded company in the world.
[13] In April 2019, Microsoft reached the trillion-dollar market cap,
becoming the third U.S. public company to be valued at over $1 trillion
after Apple and Amazon

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