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T has to be the greatest licensing story ever told. In 1980 IBM Corporation needed an operating system to launch a line of personal computers, and its executives thought Microsoft Corporation had built one. Wrong. Twenty-five-year-old Bill Gates and company didn't have what IBM sought, but they wanted to please IBM. So, in a fit of business genius, they figured out a way to make IBM happy and themselves wealthy. For $50,000, Microsoft bought the complete rights to a rudimentary operating system called QDOS
June 01, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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