Latest Technology News In South Africa
Jack Dorsey and Jim McKelvey founded Square in 2009 after McKelvey, a glass artist, encountered difficulty accepting a card payment from a customer. The first Square reader plugged into a smartphone and gave small merchants a simple way to accept card transactions without conventional point-of-sale infrastructure.
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Former venture capitalist Mark Leonard founded Constellation Software in Toronto in 1995 with a strategy focused on acquiring vertical-market software companies. Instead of chasing one massive horizontal software category, Constellation targeted specialised products deeply embedded in industries such as local government, healthcare, transport and education.
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Michael Saylor and Sanju Bansal founded MicroStrategy in 1989 as a business-intelligence software company focused on helping organisations analyse large datasets. The company built analytics and reporting software for enterprises and went public in 1998.
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Arthur del Prado founded Advanced Semiconductor Materials, now ASM International, in the Netherlands in 1968. The company developed equipment used to deposit thin films and process semiconductor wafers as integrated circuits became more complex.
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Lenovo traces its roots to 1984, when Liu Chuanzhi and ten colleagues founded Legend in Beijing with backing from the Chinese Academy of Sciences. The company initially distributed and developed computer technology for the Chinese market before building its own PCs under the Legend brand.
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United Microelectronics Corporation was founded in 1980 as a spin-off from Taiwan’s government-backed Industrial Technology Research Institute and became Taiwan’s first semiconductor company. UMC initially designed and manufactured its own integrated circuits before the foundry model reshaped Taiwan’s semiconductor industry.
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PayPal’s roots begin with Confinity, founded in 1998 by Max Levchin, Peter Thiel and colleagues, and X.com, the online financial company Elon Musk founded in 1999. Confinity developed digital-payment software and shifted towards email-based money transfers, while X.com pursued a broader internet-banking model.
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Ryan Brant founded Take-Two Interactive in 1993 as a video-game publisher and developer during the transition from cartridge and floppy-disk games towards CD-ROM and more cinematic software. The company grew through publishing relationships and acquisitions rather than relying on one internal studio from the beginning.
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Keysight Technologies traces its technical roots to the electronic measurement business Bill Hewlett and Dave Packard started in 1939. The measurement operation later became part of Agilent Technologies when Hewlett-Packard split in 1999. Agilent combined test-and-measurement technology with life-sciences and semiconductor-related businesses, preserving the engineering lineage of HP’s original instrument company.
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STMicroelectronics was formed in 1987 through the merger of Italy’s SGS Microelettronica and France’s Thomson Semiconducteurs, initially operating as SGS-Thomson Microelectronics. The combined company brought together European semiconductor manufacturing and design businesses spanning consumer, industrial and communications electronics.
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