Monday 16 July 2012

How Famous Companies were Named


Yahoo! 

The word was invented by Jonathan Swift and used in his book Gulliver's Travels. It represents a person who is repulsive in appearance and action and is barely human. Yahoo! founders Jerry Yang and David Filo selected the name because they considered themselves yahoos. 

Xerox 

The Greek root "xer" means dry. The inventor, Chestor Carlson , named his product Xerox as it was dry copying, markedly different from the then prevailing wet copying. 

Sun Microsystems  

Founded by four Stanford University buddies, Sun is the acronym for Stanford University Network.

Sony 

From the Latin word 'sonus' meaning sound, and 'sonny' a slang used by Americans to refer to a bright youngster. 

SAP 

"Systems, Applications, Products in Data Processing", formed by four ex-IBM employees who used to work in the 'Systems/Applications/Projects' group of IBM. 

Red Hat 

Company founder Marc Ewing was given the Cornell lacrosse team cap (with red and white stripes) while at college by his grandfather. He lost it and had to search for it desperately. The manual of the beta version of Red Hat Linux had an appeal to readers to return his Red Hat if found by anyone! 

Oracle 

Larry Ellison and Bob Oats were working on a consulting project for the Central Intelligence Agency (CIA). The code name for the project was called Oracle (the CIA saw this as the system to give answers to all questions or something such).
Motorola 

Founder Paul Galvin came up with this name when his company started manufacturing radios for cars. The popular radio company at the time was called Victrola. 

Microsoft 

It was coined by Bill Gates to represent the company that was devoted to MICROcomputer SOFTware. Originally christened Micro-Soft, the '-' was removed later on. 

Lotus 

Mitch Kapor got the name for his company from the lotus position or 'padmasana.' Kapor used to be a teacher of Transcendental Meditation of Maharishi Mahesh Yogi. 

Intel 


Bob Noyce and Gordon Moore wanted to name their new company ' Moore Noyce' but that was already trademarked by a hotel chain, so they had to settle for an acronym of INTegrated ELectronics. 

Hewlett-Packard
  

Bill Hewlett and Dave Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett.  

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