Paul Allen and Bill Gates with a passion in computer programming started Microsoft Corporation in the year 1975 in order to make a make use of their business skills and implement them in producing hardware and software products. As of 2013, it is market dominant in both IBM PC compatible OS and office software suite markets. It also produces a wide range of software for desktops and servers which is active in areas of internet search with Bing and gaming with Xbox, Xbox 360 and Xbox One. Skype Technologies which turned to a new way in chatting is acquired by Microsoft for 8.5 billion US dollars and is one of the largest acquisitions by company. Office, Dynamics, Azure, Surface, Bing etc are different successful products developed by the company.