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Kenneth H. Olsen
Kenneth Harry "Ken" Olsen (February 20, 1926 – February 6, 2011) was an American engineer who co-founded Digital Equipment Corporation (DEC) in 1957 with colleague Harlan Anderson and his brother Stan Olsen. Background Kenneth Harry Olsen was born in Bridgeport, Connecticut and grew up in the neighboring town of Stratford, Connecticut. His father's parents came from Norway and his mother's parents from Sweden. Olsen began his career working summers in a machine shop. Fixing radios in his basement gave him the reputation of a neighborhood inventor. After serving in the United States Navy between 1944 and 1946, Olsen attended the Massachusetts Institute of Technology, where he earned both a BS (1950) and an MS (1952) degree in electrical engineering. Career Pre-DEC During his studies at MIT, the Office of Naval Research of the United States Department of the Navy recruited Olsen to help build a computerized flight simulator. Also while at MIT he directed the building of the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Equipment Corporation
Digital Equipment Corporation (DEC ), using the trademark Digital, was a major American company in the computer industry from the 1960s to the 1990s. The company was co-founded by Ken Olsen and Harlan Anderson in 1957. Olsen was president until forced to resign in 1992, after the company had gone into precipitous decline. The company produced many different product lines over its history. It is best known for the work in the minicomputer market starting in the mid-1960s. The company produced a series of machines known as the PDP line, with the PDP-8 and PDP-11 being among the most successful minis in history. Their success was only surpassed by another DEC product, the late-1970s VAX "supermini" systems that were designed to replace the PDP-11. Although a number of competitors had successfully competed with Digital through the 1970s, the VAX cemented the company's place as a leading vendor in the computer space. As microcomputers improved in the late 1980s, especially wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Research And Development Corporation
American Research and Development Corporation (ARDC) was a venture capital and private equity firm founded in 1946 by Georges Doriot, Ralph Flanders, Merrill Griswold, and Karl Compton. ARDC is credited with the first major venture capital success story when its 1957 investment of $70,000 in equity ("70% of the company") and approximately $2 million in loans in Digital Equipment Corporation (DEC) became valued at many times the amount invested after the company's success after its initial public offering in 1966. ARDC continued investing until 1971 with the retirement of Doriot. In 1972, Doriot merged ARDC with Textron after having invested in over 150 companies. Legacy The firm was founded to encourage private sector investments in businesses run by soldiers who were returning from World War II. ARDC's significance was primarily that it was the first institutional private equity investment firm that accepted money from sources other than wealthy families as had J.H. Whitn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Franklin Institute Awards
The Franklin Institute Awards (or Benjamin Franklin Medal) is an American science and engineering award presented by the Franklin Institute, a science museum in Philadelphia. The Franklin Institute awards comprises the Benjamin Franklin Medals in seven areas of science and engineering, the Bower Awards and Prize for Achievement in Science, and the Bower Award for Business Leadership. Since 1824, the institute has recognized "world-changing scientists, engineers, inventors, and industrialists—all of whom reflect Benjamin Franklin’s spirit of curiosity, ingenuity, and innovation". Some of the noted past laureates include Nikola Tesla, Thomas Edison, Marie Curie, Max Planck, Albert Einstein, Stephen Hawking. Some of the 21st century laureates of the institute awards are Bill Gates, James P. Allison, Indra Nooyi, Jane Goodall, Elizabeth Blackburn, George Church, Robert S. Langer, and Alex Gorsky. Benjamin Franklin Medals In 1998, the Benjamin Franklin Medals were created b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer History Museum
The Computer History Museum (CHM) is a museum of computer history, located in Mountain View, California. The museum presents stories and artifacts of Silicon Valley and the information age, and explores the computing revolution and its impact on society. History The museum's origins date to 1968 when Gordon Bell began a quest for a historical collection and, at that same time, others were looking to preserve the Whirlwind computer. The resulting ''Museum Project'' had its first exhibit in 1975, located in a converted coat closet in a DEC lobby. In 1978, the museum, now ''The Digital Computer Museum'' (TDCM), moved to a larger DEC lobby in Marlborough, Massachusetts. Maurice Wilkes presented the first lecture at TDCM in 1979 – the presentation of such lectures has continued to the present time. TDCM incorporated as '' The Computer Museum'' (TCM) in 1982. In 1984, TCM moved to Boston, locating on Museum Wharf. In 1996/1997, the TCM History Center (TCMHC) was established; a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IEEE Founders Medal
The IEEE Founders Medal is an award is presented for outstanding contributions in the leadership, planning, and administration of affairs of great value to the electrical and electronics engineering profession. It may be presented to an individual or team up to three in number. This medal was established by the Institute of Radio Engineers (IRE) in 1952. The medal continued to be awarded after the merge of the IRE with the American Institute of Electrical Engineers (AIEE) in 1963 to form the IEEE. Recipients of this medal receive a gold medal, bronze replica, certificate, and cash honorarium. The award is sponsored by the IEEE Foundation The Institute of Electrical and Electronics Engineers (IEEE) is a 501(c)(3) professional association for electronic engineering and electrical engineering (and associated disciplines) with its corporate office in New York City and its operati .... Basis for Judging: In the evaluation process, the following criteria are considered: outstand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Electrical And Electronics Engineers
The Institute of Electrical and Electronics Engineers (IEEE) is a 501(c)(3) professional association for electronic engineering and electrical engineering (and associated disciplines) with its corporate office in New York City and its operations center in Piscataway, New Jersey. The mission of the IEEE is ''advancing technology for the benefit of humanity''. The IEEE was formed from the amalgamation of the American Institute of Electrical Engineers and the Institute of Radio Engineers in 1963. Due to its expansion of scope into so many related fields, it is simply referred to by the letters I-E-E-E (pronounced I-triple-E), except on legal business documents. , it is the world's largest association of technical professionals with more than 423,000 members in over 160 countries around the world. Its objectives are the educational and technical advancement of electrical and electronic engineering, telecommunications, computer engineering and similar disciplines. History Origins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Ultimate Entrepreneur
The biographical book, ''The ultimate entrepreneur: the story of Ken Olsen and Digital Equipment Corporation'', chronicles the experiences of Ken Olsen racing to design minicomputers at the company of his own founding, Digital Equipment Corporation. At the time the book was published by two computer journal writers, Ken Olsen was competing with other Massachusetts computing companies such as Data General (founded by his former employee), Prime Computer, Wang Laboratories, Symbolics, Lotus Development Corporation, and Apollo Computer. While believing in the value of software, he did not believe in the value of software separate from hardware, and missed the opportunity to fund Lotus 1-2-3 or Visicalc. He also missed the importance of the personal computer, but his futuristic vision of the Client–server model helped to launch Ethernet. Context The book was written after the book ''The Soul of a New Machine'' by Tracy Kidder, which was highly influential in local computing circles. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IEEE Engineering Leadership Recognition Award
Through its awards program, the Institute of Electrical and Electronics Engineers recognizes contributions that advance the fields of interest to the IEEE. For nearly a century, the IEEE Awards Program has paid tribute to technical professionals whose exceptional achievements and outstanding contributions have made a lasting impact on technology, society and the engineering profession. The IEEE Medals and IEEE Technical Field Awards are institution-level awards. They are considered more prestigious than IEEE Society level awards and are administered by IEEE Awards Board. Each year, the IEEE Board of Directors approved the winners of these prestigious medals and awards at their annual board meeting. An IEEE Honors Ceremony is organized and held in New York each year to present the medals and awards to the recipients. Funds for the awards program, other than those provided by corporate sponsors for some awards, are administered by the IEEE Foundation. IEEE Medals * IEEE top medal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 2002 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune Magazine
''Fortune'' is an American multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthusiastic about the idea – which Luce originally thoug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Snopes
''Snopes'' , formerly known as the ''Urban Legends Reference Pages'', is a Fact checking, fact-checking website. It has been described as a "well-regarded reference for sorting out myths and rumors" on the Internet. The site has also been seen as a source for both validating and Debunker, debunking urban legends and similar stories in Culture of the United States, American popular culture. History 1990s In 1994, David and Barbara Mikkelson created an urban folklore web site that would become ''Snopes.com''. ''Snopes'' was an early online encyclopedia focused on urban legends, which mainly presented search results of user discussions. The site grew to encompass a wide range of subjects and became a resource to which Internet users began submitting pictures and stories of questionable veracity. According to the Mikkelsons, ''Snopes'' predated the search engine concept of fact-checking via search results. David Mikkelson had originally adopted the username "Snopes" (the name o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matrix Management
Matrix management is an organizational structure in which some individuals report to more than one supervisor or leader–relationships described as solid line or dotted line reporting. More broadly, it may also describe the management of cross-functional, cross-business groups and other work models that do not maintain strict vertical business units or silos grouped by function and geography. Matrix management, developed in U.S. aerospace in the 1950s, achieved wider adoption in the 1970s. Overview There are different types of matrix management, including ''strong'', ''weak'', and ''balanced'', and there are hybrids between functional grouping and divisional or product structuring. For example, by having staff in an engineering group who have marketing skills and who report to both the engineering and the marketing hierarchy, an engineering-oriented company produced "many ground-breaking computer systems." This is an example of ''cross-functional'' matrix management, and is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
