Lotus Software
American technology company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Lotus Development Corporation?
Summarize this article for a 10 years old
Lotus Software (called Lotus Development Corporation before its acquisition by IBM)[2] was an American software company based in Massachusetts; it was "offloaded" to India's HCL Technologies in 2018.
 | |
| Type | Subsidiary |
|---|---|
| Industry | Computer software |
| Founded | 1982 (as Lotus Development Corporation) |
| Headquarters | Cambridge, Massachusetts, U.S. |
| Products | Lotus 1-2-3 Lotus Agenda Lotus Connections Lotus Domino Lotus Domino Web Access Lotus Expeditor Lotus Forms Lotus Freelance Graphics Lotus Magellan Lotus Notes Lotus Notes Traveler Lotus Quickr Lotus Sametime Lotus SmartSuite Lotus Symphony LotusWorks[1] Lotus Foundations IBM Lotus Web Content Management |
| Parent | HCL |
| Website | Official website |
Lotus is most commonly known for the Lotus 1-2-3 spreadsheet application, the first feature-heavy, user-friendly, reliable and WYSIWYG-enabled product to become widely available in the early days of the IBM PC, when there was no graphical user interface. Much later, in conjunction with Ray Ozzie's Iris Associates, Lotus also released a groupware and email system, Lotus Notes. IBM purchased the company in 1995 for US$3.5 billion, primarily to acquire Lotus Notes and to establish a presence in the increasingly important client–server computing segment, which was rapidly making host-based products such as IBM's OfficeVision obsolete.[3]
On December 6, 2018, IBM announced the sale of Lotus Software/Domino to HCL for $1.8 billion.[4]