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01E05
1E is a Privately held company, privately owned Information Technology, IT software and services company based in the United Kingdom. 1E is headquartered in London, with offices in New York City, Dublin, and Noida. History 1E was founded in 1997 by three former Microsoft contractors, Sumir Karayi, Phil Wilcock, and Mark Blackburn, who each contributed £500 to start the company. Karayi is now the CEO, Blackburn is the CIO, whilst Wilcock has left the company. The company has more than 30 million licenses deployed worldwide, across 1,700 organizations from public and private sectors in 42 countries.[citation needed'] The company's name is derived from a computer error. When some Microsoft Windows computers crash, a blue screen containing "STOP 0x0000001E" appears. This name was chosen because the founders had the ambition that 1E could prevent this from happening to big companies. Research In 2009 1E and the Alliance to Save Energy commissioned independent research into the ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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