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Pure Atria
Pure Software was founded in October 1991 by Reed Hastings, Raymond Peck and Mark Box. The original product was a debugging tool for Unix/C engineers called Purify. After adding new products such as Quantify and PureLink, and doubling its revenue every year for four years, Pure Software went public with the help of Morgan Stanley in August 1995. In August 1996, Pure Software merged with Atria Software to form ''Pure Atria Corporation''. Later in August 1997, Rational Software acquired Pure Atria, giving Hastings the capital to start Netflix. When Pure Atria was acquired by Rational Software, it triggered a 42% drop in both companies' stocks after the deal was announced. Hastings was appointed Chief Technical Officer of the combined companiesWall Street Journal. "Investors Pan Rational's Plan To Buy Pure Atria for Stock" by Don Clark. April 8, 1997. and left soon after the acquisition. "I had the great fortune of doing a mediocre job at my first company," says Hastings. "We ...
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Reed Hastings
Wilmot Reed Hastings Jr. (born October 8, 1960) is an American billionaire businessman. He is the co-founder, chairman, and co-chief executive officer (CEO) of Netflix, and sits on a number of boards and non-profit organizations. A former member of the California State Board of Education, Hastings is an advocate for education reform through charter schools. Early life and education Hastings was born in Boston, Massachusetts. His father Wilmot Reed Hastings Sr. was an attorney for the Department of Health, Education and Welfare in the Nixon administration, and his mother Joan Amory Loomis was a Boston debutante from a Social Register family who was repulsed by the world of high society and taught her children to disdain it. His maternal great-grandfather was Alfred Lee Loomis. Hastings attended Buckingham Browne & Nichols School in Cambridge, Massachusetts, and sold vacuum cleaners door-to-door in a gap year before entering college. In 1983, he graduated from Bowdoin College ...
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Purify (software)
PurifyPlus is a memory debugger program used by software developers to detect memory access errors in programs, especially those written in C or C++. It was originally written by Reed Hastings of Pure Software.Purify: fast detection of memory leaks and access errors.
by Reed Hastings and Bob Joyce, Usenix Winter 1992 technical conference. Pure Software later merged with Atria Software to form Pure Atria Software, which in turn was later acquired by , which in turn was acquired by IBM, and then divested to
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Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Reyn ...
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Atria Software
Atria Software Inc. was a software company that developed ClearCase in the early 1990s. It was founded by David B Leblang, Paul Levine, David Jabs and others on January 11, 1990. Some of the Atria developers had worked on an earlier system: ''DSEE'' (Domain Software Engineering Environment) from Apollo Computer. After Hewlett-Packard bought Apollo Computer in 1989, they left to form Atria. Atria later merged with Pure Software to form Pure Atria. That firm merged with Rational Software Rational Machines is an enterprise founded by Paul Levy and Mike Devlin in 1981 to provide tools to expand the use of modern software engineering practices, particularly explicit modular architecture and iterative development. It changed its ..., which was purchased by IBM in 2003. IBM continues to develop and market ClearCase. References Software companies based in Massachusetts Software companies of the United States {{tech-company-stub ...
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Rational Software
Rational Machines is an enterprise founded by Paul Levy and Mike Devlin in 1981 to provide tools to expand the use of modern software engineering practices, particularly explicit modular architecture and iterative development. It changed its name in 1994 to Rational Software, and was sold for US$2.1 billion (equivalent to current US$) to IBM on February 20, 2003. See also *Rational Automation Framework *Rational ClearCase *Rational DOORS *Rational Performance Tester *Rational Rhapsody *Rational Rose *Rational Software Architect *Rational Software Modeler * Rational Synergy *Rational Unified Process The Rational Unified Process (RUP) is an iterative software development process framework created by the Rational Software Corporation, a division of IBM since 2003. RUP is not a single concrete prescriptive process, but rather an adaptable proce ... References External links {{Authority control Defunct software companies IBM acquisitions ...
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Netflix
Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a film and television series library through distribution deals as well as its own productions, known as Netflix Originals. As of September 2022, Netflix had 222 million subscribers worldwide, including 73.3 million in the United States and Canada; 73.0 million in Europe, the Middle East and Africa, 39.6 million in Latin America and 34.8 million in the Asia-Pacific region. It is available worldwide aside from Mainland China, Syria, North Korea, and Russia. Netflix has played a prominent role in independent film distribution, and it is a member of the Motion Picture Association (MPA). Netflix can be accessed via web browsers or via application software installed on smart TVs, set-top boxes connected to televisions, tablet computers, smartph ...
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