Lotus Software (called Lotus Development Corporation before its acquisition by IBM)[2] was an American software company based in Massachusetts; it was sold to India's HCL Technologies in 2018.
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]
^Kendall, Robert (15 September 1993). "LotusWorks 3.0 review". PC Magazine. 11 (3): 333. Retrieved 20 February 2018.
^Simon Sharwood (October 30, 2017). "IBM offloads Notes and Domino to India's HCL Technologies". TheRegister.co.uk.
^Dunn, John E. (18 September 2007), IBM takes fight to Microsoft with Lotus Symphony, Techworld.com, retrieved 2007-12-10
^IBM selling Lotus Notes/Domino business to HCL for $1.8B, 7 December 2018, archived from the original on 2007-10-13
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