Word: ibm
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Dates: during 1990-1999
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Conquering the light-speed computer industry means leaping ahead one cognitive generation and landing in the right place. Few entrepreneurs turn this trick even once; at 52, Clark has done it twice. In the early '80s, as the industry's initial generation of mainframes (see IBM) gave way to a second generation of desktop PCs (see Apple, Microsoft), Clark saw a way to put that data-crunching power to work visualizing information ranging from aircraft fluid dynamics to rampaging velociraptors, then founded the company that made it happen. Fourteen years, 7,200 employees and $2.2 billion in annual revenues later...
...calculator, given to Harvard by International Business Machines (IBM) in August 1944, was used during World War II for secret research...
...chose to reinvent. At week's end Bennett was putting the finishing touches on a leveraged buyout that would take control of Prodigy from IBM and Sears and retool it into a net-based multimedia studio. If all goes according to plan, Bennett and his team will be running a giant-content company producing sports, entertainment and news-based Websites...
TIME's test drive last week revealed a fast, easy-to-use operating system that hints at what may be Gerstner's real ambition: an operating system designed and optimized for the Internet. IBM's thinking seems to be that the Net could be its best weapon yet in the war against Microsoft. Herewith, an exclusive look inside the Net-friendly program...
When Louis Gerstner arrived as CEO of IBM nearly three years ago, industry insiders saw the company's also-ran computer-operating system, called OS/2 Warp, as a likely target for the corporate ax. With just 13 million users, far behind Microsoft Windows' 120 million, OS/2 seemed doomed. But instead of killing the project, Gerstner beatified it, assigning the company's top engineers to it and giving V.P. Wally Casey a blank check for development. The results of the effort, code-named Merlin, will begin shipping to beta testers in the next month...