Power Computing
Power Computing Corporation (often referred to as Power Computing) was the first company selected by Apple Inc to create Macintosh-compatible computers ("Mac clones"). Stephen Steve Kahng, a computer engineer best known for his design of the Leading Edge Model D, founded the company in November 1993. Power Computing started out with financial backing from Olivetti (US$5 million) and $4 million of Mr. Kahngs money. The first Mac-compatible (clone) PC shipped in May 1995. Like Dell Computer, Power Computing followed a direct, build-to-order sales model. In one year, Power Computing shipped 100,000 units with revenues of $250 million in the first year. Power Computing was the first company to sell $1,000,000 of products on the internet. Power Computing released upgraded models until 1997 with revenues reaching $400 million a year. The Mac clone business was stopped after Steve Jobs returned as interim CEO of Apple in July 1997. In September, Apple bought the core assets of Power Computing for $100 million in Apple stock and terminated the Mac cloning business.
Power Computing
Power Computing Corporation (often referred to as Power Computing) was the first company selected by Apple Inc to create Macintosh-compatible computers ("Mac clones"). Stephen Steve Kahng, a computer engineer best known for his design of the Leading Edge Model D, founded the company in November 1993. Power Computing started out with financial backing from Olivetti (US$5 million) and $4 million of Mr. Kahngs money. The first Mac-compatible (clone) PC shipped in May 1995. Like Dell Computer, Power Computing followed a direct, build-to-order sales model. In one year, Power Computing shipped 100,000 units with revenues of $250 million in the first year. Power Computing was the first company to sell $1,000,000 of products on the internet. Power Computing released upgraded models until 1997 with revenues reaching $400 million a year. The Mac clone business was stopped after Steve Jobs returned as interim CEO of Apple in July 1997. In September, Apple bought the core assets of Power Computing for $100 million in Apple stock and terminated the Mac cloning business.
web.archive.org
2400 I-35 Round Rock, Texas, US
Details
Year founded
1993
Revenue
10M-25M
Employees
51-200
Number of locations
1
NAICS
3341
SIC
3571
Products & Services
Outlines the company's specialized services and operational strengths.
- Computers
- Custom PC
- Laptops
- Contact us in order to access
Equipment
Provides a detailed list of machinery and tools utilized on the company's premises.
No relevant data to display at this point in time
Ramping up production
Indicates the company's current production trend and growth trajectory.
FALSE
Our production algorithm is showing that power computing is not ramping up production.
Target industries
You're seeing limited data because this company is not included in your free plan's curated list.
Unlock unrestricted access to millions of companies
Locations (1)
Power Computing
2400 I-35 Round Rock, Texas, US
People Also Searched For
Frequently Asked Questions
What services & capabilities does Power Computing offer?
Power Computing offers a range of services and capabilities, including Computers.
What are the target industries of Power Computing?
Power Computing serves several industries, including the power generation industry.
How many locations does Power Computing operate?
Power Computing operates from a single location at 2400 i-35, round rock, texas, united states.
Where are the headquarters of Power Computing?
The headquarters of Power Computing are located in 2400 i-35, round rock, texas, united states.
What is the NAICS code for Power Computing?
The NAICS code for Power Computing is 3341.
How many employees does Power Computing have?
Power Computing has an employee count in the range of 51-200 employees.
What is the official website of Power Computing?
The official website of Power Computing is https://web.archive.org.
When was Power Computing founded?
Power Computing was founded in 1993.