Word: univac
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Dates: during 1990-1999
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...Mauchly and Eckert create UNIVAC, the first commercial computer; a year later, it successfully predicts a landslide for Eisenhower...
...entirely forgotten. In the late 1960s, Sperry Rand, which held the rights to Eckert and Mauchly's original UNIVAC patents, sued Honeywell (which, like IBM, had got into the computer business) for royalty payments. At one point in the six-year litigation, Atanasoff testified that Mauchly cribbed ABC's key features during a five-day visit in 1941. Mauchly indignantly denied the accusation. But the judge took a different view. In a 1973 decision that was never appealed, he invalidated Eckert and Mauchly's patents and in effect declared Atanasoff the winner. Historians, however, interpret the ruling more broadly, viewing...
Under Tom Jr., Big Blue put its logo on 70% of the world's computers and so thoroughly dominated the industry that even rivals like Univac--which built the first large commercial computer--were dismissed as merely part of "the Bunch." And while newcomers such as Compaq and Microsoft brought the company to its knees in the 1980s, the colossus that Watson inherited and reinvented in the 1950s and '60s stands strong again today, the sixth largest U.S. company...
...became IBM president in 1952, never retreated. He recruited electronics experts and brought in luminaries like computer pioneer John von Neumann to teach the company's engineers and scientists. By 1963, IBM had grabbed an 8-to-1 lead in revenues over Sperry Rand, the manufacturer of Univac...
COMPUTER The revolution started in 1951 with UNIVAC (Universal Automatic Computer), the first commercial computer in the U.S. Built in 1951 for Remington-Rand Corp., it contained 5,000 vacuum tubes. Today's chip-powered machines, sold by the millions, pack more power than UNIVAC into a laptop...