MathWorks

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MathWorks
Type 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 $750 million (2013)[1]
Operating income N/A
Net income N/A
Employees over 3000 (April 2014)
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[edit]

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]

Main campus in Natick

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] MathWorks expanded its main campus in Massachusetts with the purchase of further buildings in 2008-2009[7] and 2013.[8]

Products & Services[edit]

See also:

Corporate Affairs[edit]

Social Responsibility[edit]

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.[9] 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). It also is a supporter of public broadcasting, including National Public Radio (NPR)'s Here and Now program.[10] The company website gathered contributions to the 2010 Haiti earthquake relief efforts.[11]

[edit]

The logo represents the first vibrational mode of a thin L-shaped membrane, clamped at the edges, and governed by the wave equation.[12]

References[edit]

  1. ^ "MathWorks Company Overview". Retrieved May 8, 2014. 
  2. ^ Schrader, C.B.; Spong, M.W. (Dec 2004). "The IEEE Conference on Decision and Control - tracing CDC history". IEEE Control Systems Magazine 24 (6): 56–66. doi:10.1109/MCS.2004.1368481. Retrieved Jan 14, 2011. 
  3. ^ Blanton, Kimberly (April 20, 1997). "At Mathworks, support + fun = success CEO Jack Little believes in power of his workers -- and their ideas". The Boston Globe. Retrieved April 14, 2010. 
  4. ^ "The MathWorks Acquires PolySpace Technologies, Leading Developer of Embedded System Code Verification Tools". MathWorks. Retrieved 18 January 2013. 
  5. ^ "SciFace Software and MuPAD Pro Acquired by The MathWorks". MacKichan Software Inc. Retrieved 18 January 2013. 
  6. ^ http://www.mathworks.co.uk/products/new_products/r2008b_transition.html
  7. ^ "MathWorks buys Natick building to create campus". The Metrowest Daily News. December 30, 2009. Retrieved April 14, 2010. 
  8. ^ "MathWorks pays $55M for Boston Scientific’s Natick HQ". Boston Business Journal. April 5, 2013. Retrieved May 1, 2013. 
  9. ^ "MathWorks - Social Mission". Natick, MA: MathWorks. Retrieved April 12, 2010. 
  10. ^ "Here & Now home page". National Public Radio. Retrieved June 6, 2014. 
  11. ^ Strom, Stephanie (February 11, 2010, page A10). "Small Fund-Raisers for Victims Start to Add Up". The New York Times. Retrieved April 12, 2010. 
  12. ^ Moler, Cleve (2003). "The MathWorks Logo is an Eigenfunction of the Wave Equation". Natick, MA: MathWorks. Retrieved 2013-11-23. 

External links[edit]

Coordinates: 42°18′01″N 71°21′01″W / 42.30025°N 71.35039°W / 42.30025; -71.35039