Irving Gould
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Irving Gould
Irving Gould (1919–2004) was a Canadian businessman credited with both saving and sinking Commodore. Commodore was originally formed in Canada and initially produced mechanical typewriters and calculators. In 1965, Jack Tramiel, Commodore's founder and CEO, decided to purchase the Canadian store chain Wilson's Stationers to provide a sales channel for their products. To fund the purchase they borrowed $3 million from Atlantic Acceptance Corporation at an 11% interest rate. On 14 June 1965, Atlantic bounced a $5 million check and was insolvent within days. This led to all their capital loans being called in, including Commodore's $3 million. Looking for a way out of the problem, Irving Gould arranged the sale of Wilson's Stationers to a US company. To pay off the bridge loan, Gould purchased 17% of Commodore's stock in 1966 for $400,000. Over the next decade, the company repeatedly had difficulties and repeatedly turned to Gould for funding. Through the late 1960s and early 1970s ...
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Businessperson
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounti ...
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Commodore International
Commodore International (other names include Commodore International Limited) was an American home computer and electronics manufacturer founded by Jack Tramiel. Commodore International (CI), along with its subsidiary Commodore Business Machines (CBM), was a significant participant in the development of the home personal computer industry in the 1970s, 1980s and early 1990s. The company developed and marketed the world's best-selling computer, the Commodore 64 (1982), and released its Amiga computer line in July 1985. With quarterly sales ending 1983 of $ (equivalent to $ in ), Commodore was one of the world's largest personal computer manufacturers. History Founding and early years Commodore co-founders Jack Tramiel and Manfred Kapp met in the early 1950s while both employed by the Ace Typewriter Repair Company in New York City. In 1954, they formed a partnership to sell used and reconditioned typewriters and used their profits to purchase the Singer Typewriter Company. ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Jack Tramiel
Jack Tramiel ( ; born Idek Trzmiel; December 13, 1928 – April 8, 2012) was an American businessman and Holocaust survivor, best known for founding Commodore International. The Commodore PET, VIC-20 and Commodore 64 are some home computers produced while he was running the company. Tramiel later formed Atari Corporation after he purchased the remnants of the original Atari, Inc. from its parent company. Early years Tramiel was born as ''Idek Trzmiel'' (some sources also list Juda Trzmiel, Jacek Trzmiel, or Idek Tramielski) into a Jewish family, the son of Abram Josef Trzmiel and Rifka Bentkowska. After the German invasion of Poland in 1939 his family was transported by German occupiers to the Jewish ghetto in Łódź, where he worked in a garment factory. When the ghettos were liquidated, his family was sent to the Auschwitz concentration camp. He was examined by Josef Mengele and selected for a work party, after which he and his father were sent to the labor camp Ahle ...
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Atlantic Acceptance Corporation
Atlantic Acceptance Corporation, Ltd. was an Oakville, Ontario-based finance company. It collapsed in June 1965 in one of the biggest financial scandals in Canada at that time, with an estimated $65 million loss to investors. Background Atlantic Acceptance was a finance company specializing in commercial, real estate and auto loans. It began business in 1953 and was eventually headed by Campbell Powell Morgan, a chartered accountant living in Toronto's Lawrence Park district. Control of Atlantic came to be held by Lambert International, headed by financier Jean Lambert. The company experienced fast growth in the early 1960s, with sales increasing from $25 million in 1960 to $176 million in 1964. It became the sixth largest sales finance company in Canada in 1965, with assets of $150 million. Through Lambert's connections on Wall Street, the company attracted loans from major banks, pension funds, universities and other investors such as United States Steel and Carnegie Pens ...
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CMOS
Complementary metal–oxide–semiconductor (CMOS, pronounced "sea-moss", ) is a type of metal–oxide–semiconductor field-effect transistor (MOSFET) fabrication process that uses complementary and symmetrical pairs of p-type and n-type MOSFETs for logic functions. CMOS technology is used for constructing integrated circuit (IC) chips, including microprocessors, microcontrollers, memory chips (including CMOS BIOS), and other digital logic circuits. CMOS technology is also used for analog circuits such as image sensors (CMOS sensors), data converters, RF circuits (RF CMOS), and highly integrated transceivers for many types of communication. The CMOS process was originally conceived by Frank Wanlass at Fairchild Semiconductor and presented by Wanlass and Chih-Tang Sah at the International Solid-State Circuits Conference in 1963. Wanlass later filed US patent 3,356,858 for CMOS circuitry and it was granted in 1967. commercialized the technology with the trademark "COS-MO ...
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Vertically Integrated
In microeconomics, management and international political economy, vertical integration is a term that describes the arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different Product (business), product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers). Vertical integration and expansion is desired because it secures supplies needed by the firm to produce its product and the market needed to sell the product. Vertical integration and expansion can become ...
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Texas Instruments
Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces TI digital light processing technology and education technology products including calculators, microcontrollers, and multi-core processors. The company holds 45,000 patents worldwide as of 2016. Texas Instruments emerged in 1951 after a reorganization of Geophysical Service Incorporated, a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics. TI produced the world's first commercial silicon transistor in 1954, and the same year designed and manufactured t ...
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MOS Technology
MOS Technology, Inc. ("MOS" being short for Metal Oxide Semiconductor), later known as CSG (Commodore Semiconductor Group) and GMT Microelectronics, was a semiconductor design and fabrication company based in Audubon, Pennsylvania. It is most famous for its 6502 microprocessor and various designs for Commodore International's range of home computers. History Three former General Instrument executives, John Paivinen, Mort Jaffe and Don McLaughlin, formed MOS Technology in Valley Forge, Pennsylvania in 1969. The Allen-Bradley Company was looking to provide a second source for electronic calculators and their chips designed by Texas Instruments (TI). In 1970 Allen-Bradley acquired a majority interest in MOS Technology. In the early 1970s, TI decided to release their own line of calculators, instead of selling just the chips inside them, and introduced them at a price that was lower than the price of the chipset alone. Many early chip companies were reliant on sales of cal ...
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Microprocessor
A microprocessor is a computer processor where the data processing logic and control is included on a single integrated circuit, or a small number of integrated circuits. The microprocessor contains the arithmetic, logic, and control circuitry required to perform the functions of a computer's central processing unit. The integrated circuit is capable of interpreting and executing program instructions and performing arithmetic operations. The microprocessor is a multipurpose, clock-driven, register-based, digital integrated circuit that accepts binary data as input, processes it according to instructions stored in its memory, and provides results (also in binary form) as output. Microprocessors contain both combinational logic and sequential digital logic, and operate on numbers and symbols represented in the binary number system. The integration of a whole CPU onto a single or a few integrated circuits using Very-Large-Scale Integration (VLSI) greatly reduced the cost of ...
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Mehdi Ali
Mehdi () is a common Arabic masculine given name, meaning "rightly guided". People having the name Mehdi are in general originating from Iran mostly and sometimes India, Bangladesh, Pakistan, Afghanistan, Iraq, Azerbaijan, France, Morocco, Algeria, Saudi Arabia, Tunisia, United States of America. This name is a variation of the name Mahdi which has an Arabic origin. Other, less common, variations are Medi, Mehti, Meyti. People with the given name Arts and entertainment * DJ Mehdi (1977–2011), French hip hop and house producer * Mehdi Bagheri (born 1980), Iranian kamancheh player and composer * Mehdi Bahmad, Moroccan-born Canadian singer, songwriter, producer, director, and visual artist * Mehdi Bajestani (born 1974), Iranian actor * Mehdi Bozorgmehr, Iranian musician and composer * Mehdi Charef, French-Algerian film director and screenwriter * Mehdi Dehbi (born 1985), Belgian actor and theatre director * Mehdi Favéris-Essadi, French-Tunisian hip hop and electro producer, better k ...
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Amiga
Amiga is a family of personal computers introduced by Commodore in 1985. The original model is one of a number of mid-1980s computers with 16- or 32-bit processors, 256 KB or more of RAM, mouse-based GUIs, and significantly improved graphics and audio compared to previous 8-bit systems. This includes the Atari ST—released earlier the same year—as well as the Macintosh and Acorn Archimedes. Based on the Motorola 68000 microprocessor, the Amiga differs from its contemporaries through the inclusion of custom hardware to accelerate graphics and sound, including sprite (computer graphics), sprites and a blitter, and a pre-emptive multitasking operating system called AmigaOS. The Amiga 1000 was released in July 1985, but production problems kept it from becoming widely available until early 1986. The best-selling model, the Amiga 500, was introduced in 1987 along with the more expandable Amiga 2000. The Amiga 3000 was introduced in 1990, followed by the Amiga 500 Plus, and Am ...
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