555:Advani Ji

_______ was founded in 1982 by partners Mitch Kapor and Jonathan Sachs with backing from Ben Rosen. _______' first product was presentation software for the Apple II known as _______ Executive Briefing System. Kapor founded _______ after leaving his post as head of development at VisiCorp and selling all his rights to the VisiPlot and VisiTrend products to VisiCorp.Shortly after Kapor left VisiCorp, he and Sachs produced an integrated spreadsheet and graphics program.Even though IBM and VisiCorp had a collaboration agreement whereby VisiCalc was being shipped simultaneously with the PC, _______ had a clearly superior product._______ released _______ 1-2-3 in January 1983. The name referred to the three ways the product could be used, as a spreadsheet, graphics package, and database manager.In fact, the latter two functions were less often used, nonetheless 1-2-3 was the most powerful spreadsheet program available.Sales were huge, turning _______ into the largest independent software vendor in the world almost overnight. The business plan had called for $1 million in sales in the first year, but actual results were $54 million.

Ans:Lotus