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Simple as 1-2-3: IBM Buys Lotus
July 6, 1995 IBM completes a $ 3.5 billion buyout of Lotus Development, the producer of the once-dominant Lotus 1-2-3 spreadsheet software and the then-popular Lotus Notes groupware. IBM had hoped to leverage Lotus 1-2-3 to challenge the increasingly demanded Microsoft Excel software, but alas, there was little slowing down the Microsoft juggernaut during the…
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Simple as 1-2-3: IBM Buys Lotus
July 6, 1995 IBM completes a $ 3.5 billion buyout of Lotus Development, the producer of the once-dominant Lotus 1-2-3 spreadsheet software and the then-popular Lotus Notes groupware. IBM had hoped to leverage Lotus 1-2-3 to challenge the increasingly demanded Microsoft Excel software, but alas, there was little slowing down the Microsoft juggernaut during the…
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Simple as 1-2-3: IBM Buys Lotus
July 6, 1995 IBM completes a $ 3.5 billion buyout of Lotus Development, the producer of the once-dominant Lotus 1-2-3 spreadsheet software and the then-popular Lotus Notes groupware. IBM had hoped to leverage Lotus 1-2-3 to challenge the increasingly demanded Microsoft Excel software, but alas, there was little slowing down the Microsoft juggernaut during the…