MathWorks

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MathWorks
Private
Industry Mathematical Computing Software
Founded December 7, 1984
Headquarters Natick, Massachusetts, United States
Area served
Worldwide
Key people
CEO and President: Jack Little, Chief Scientist: Cleve Moler
Products MATLAB, Simulink
Revenue Approximately $800 million (2014)[1]
Number of employees
over 3000 (April 2014)
Slogan Accelerating the pace of engineering and science
Website www.mathworks.com

The MathWorks, Inc. (branded as simply MathWorks) is an American privately held corporation that specializes in mathematical computing software. Its major products include MATLAB and Simulink. As of April 2014, it employed over 3,000 people worldwide with 70% located at the company's headquarters in Natick, Massachusetts, USA.

History

MathWorks was founded in Portola Valley, California, by Jack Little (President & CEO), Cleve Moler (Chief Scientist), and Steve Bangert (now inactive) on December 7, 1984. Its flagship product, MATLAB, made its public debut at the IEEE Conference on Decision and Control in Las Vegas, Nevada, that same year.[2] The company sold its first order, 10 copies of MATLAB, for $500 to the Massachusetts Institute of Technology (MIT) in February 1985.[3]

In 1986, MathWorks relocated to Massachusetts moving into its current headquarters in Natick in July 1999. In 2007, MathWorks acquired Polyspace Technologies [4] and started including the Polyspace products in their MATLAB releases in 2008. In 2008, MathWorks acquired SciFace Software GmbH & Co. KG, makers of MuPAD,[5] and started including MuPAD in their Symbolic Math Toolbox, replacing the existing Maple engine.[6] In 2013, MathWorks acquired Steepest Ascent, makers of LTE Toolbox.[7] MathWorks expanded its main campus in Massachusetts with the purchase of further buildings in 2008-2009[8] and 2013.[9]

Products and services

See also:

Corporate affairs

Social responsibility

MathWorks refers to its corporate social responsibility program as its "Social Mission," which has five components: Investments in Education, Staff-Driven Initiatives, Local Community Support, Green Initiatives and Disaster Relief.[10] The company annually sponsors a number of student engineering competitions, including EcoCAR, an advanced vehicle technology competition created by the United States Department of Energy (DOE) and General Motors (GM). MathWorks sponsors museums and science learning centers such as the Boston Museum of Science (since 1991)[11] and the Cambridge Science Center in the United Kingdom.[12] It also is a supporter of public broadcasting, including National Public Radio (NPR)'s Here and Now program.[13] The company website gathered contributions to the 2010 Haiti earthquake relief efforts.[14]

The logo represents the first vibrational mode of a thin L-shaped membrane, clamped at the edges, and governed by the wave equation.[15]

References

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  6. http://www.mathworks.co.uk/products/new_products/r2008b_transition.html
  7. http://www.steepestascent.com/mw.html
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External links

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