What does lotus development corporation mean?

Definitions for lotus development corporation
lo·tus de·vel·op·ment cor·po·ra·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word lotus development corporation.

Wikipedia

  1. lotus development corporation

    Lotus Software (called Lotus Development Corporation before its acquisition by IBM) was an American software company based in Massachusetts; it was "offloaded" to India's HCL Technologies in 2018. Lotus is most commonly known for the Lotus 1-2-3 spreadsheet application, the first feature-heavy, user-friendly, reliable and WYSIWYG-enabled product to become widely available in the early days of the IBM PC, when there was no graphical user interface. Much later, in conjunction with Ray Ozzie's Iris Associates, Lotus also released a groupware and email system, Lotus Notes. IBM purchased the company in 1995 for US$3.5 billion, primarily to acquire Lotus Notes and to establish a presence in the increasingly important client–server computing segment, which was rapidly making host-based products such as IBM's OfficeVision obsolete.On December 6, 2018, IBM announced the sale of Lotus Software/Domino to HCL for $1.8 billion.

Wikidata

  1. Lotus Development Corporation

    Lotus Development, an IBM subsidiary that does business as Lotus Software, makes software that helps business people collaborate across corporate networks. Its main offering is communication and collaboration platform Lotus Notes. Other products include messaging applications (Domino), desktop office productivity tools (Organizer), and Web-based learning software (Virtual Classroom). The company also offers consulting, support, and training services. Lotus sells its products directly and through partners and distributors.Lotus was founded in April 1982 by 32-year-old Mitchell D. Kapor, whose previous experience included writing two business programs for VisiCorp, an early personal computer software company: VisiTrend, which covered statistics, and VisiPlot, a program for creating business charts. Kapor made $500,000 on the spreadsheet before VisiCorp bought him out for $1.7 million. Setting his sights on a spreadsheet that translated numbers into graphs, Kapor joined forces with Jonathan Sachs, a programmer who had already envisioned a new spreadsheet and was looking for someone to help him market it. Sachs spent the next ten months writing Lotus 1-2-3 in assembly language for the IBM personal computer. Aside from the graphics, Kapor and Sachs concentrated on making 1-2-3 a fast recalculator. They took advantage of the new personal computers (PCs) with 256K of memory, which enabled the software to far exceed the spreadsheet capabilities of the similar VisiCalc.

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Numerology

  1. Chaldean Numerology

    The numerical value of lotus development corporation in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of lotus development corporation in Pythagorean Numerology is: 2

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"lotus development corporation." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/lotus+development+corporation>.

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