1967 – The very first Consumer Electronics Show opened in New York occupying the Americana and New York Hilton Hotels. It was devoted to home entertainment electronics and featured such advances as portable color TVs and video tape recorders.
1981 – Microsoft Incorporates, Plans to Buy 86-DOS
Microsoft goes through a restructure to incorporate in Washington Bill Gates would become President, Paul Allen was Executive Vice President. Steve Ballmer would come on full-time with a $50,000 year salary.
The reason why they incorporated? On this same day, Paul Allen sends a proposal to Rod Black of Seattle Computer Products for Microsoft to purchase all rights to 86-DOS for $30,000. At that point, they had only a non-exclusive license (since September 22, 1980). This was a strategic move because Microsoft had relationship with IBM, and wanted to re-license for the IBM PC.
After a month of negotiations, Seattle Computer agreed to the purchase for $50,000. However, that was not the end of it, as they found out of the IBM deal. They finally settled years later for $1 million.
1998 – Microsoft released Windows 98 with less hype than Windows 95, but more consumer focus.
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