|Industry||Mathematical computing software|
|Founded||December 7, 1984|
|Headquarters||Natick, Massachusetts, USA|
|CEO and President: Jack Little, Chief Mathematician: Cleve Moler|
|Revenue||$900 million (2017)|
Number of employees
|over 4,000 (May 2018)|
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, which support data analysis and simulation. As of June 2016, it employed over 3,500 people worldwide with 70% located at the company's headquarters in Natick, Massachusetts, United States.
MathWorks was founded in Portola Valley, California, by Jack Little (President & CEO), Cleve Moler (Chief Mathematician), and Steve Bangert 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. The company sold its first order, 10 copies of MATLAB, for $500 to the Massachusetts Institute of Technology (MIT) in February 1985.
In 1986, MathWorks relocated to Massachusetts moving into its current headquarters in Natick in July 1999. In 2007, MathWorks acquired Polyspace Technologies and started including the Polyspace products in their MATLAB releases in 2008. In 2008, MathWorks acquired SciFace Software GmbH & Co. KG, makers of MuPAD, and started including MuPAD in their Symbolic Math Toolbox, replacing the existing Maple engine. In 2013, MathWorks acquired Steepest Ascent, makers of LTE Toolbox. MathWorks expanded its main campus in Massachusetts with the purchase of further buildings in 2008-2009 and 2013.
MATLAB provides an environment for programmers to analyze and visualize data and develop algorithms. Simulink is a graphical and simulation environment for a Model-Based Design of dynamic systems. MATLAB and Simulink are used in aerospace, automotive, software and other fields. The company also produces nearly 100 other products, including Polyspace, SimEvents, Stateflow and Simulink Real-Time (formerly xPC Target).
Intellectual property and competition
In 2002 the US Department of Justice filed an antitrust lawsuit against MathWorks and Wind River alleging that an agreement between them, in which the two companies agreed to stop competing in the field of dynamic control system design software, and MathWorks alone would sell Wind River's MATRIXx software, and Wind River would stop all R&D and sales in that field. Both companies eventually settled and agreed to sell the MATRIXx software to a third party. MathWorks had total sales of $200 million in 2001, and dynamic control system design software accounted for half of those sales.
In 2011, MathWorks sued AccelerEyes for copyright infringement in one court, and patent and trademark infringement in another; AccelerEyes accepted consent decrees in both cases before the trials began.
In 2012 the European Commission opened an antitrust investigation into MathWorks after competitors alleged that Mathworks refused to grant licenses to its intellectual property that would allow people to create software with interoperability with its products. The case was closed in 2014.
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), the Boston's Children Museum, the New England Aquarium, and the mathematics exhibit at London's Science Museum. MathWorks also partners with several online education resources, such as MIT Open CourseWare and the Japan Massive Open Online Courses. It also is a supporter of public broadcasting, including National Public Radio (NPR)'s Here and Now program. The company website gathered contributions to the 2010 Haiti earthquake relief efforts.
In the coding community, MathWorks hosts MATLAB Central, an online exchange where users ask and answer questions and share code. MATLAB Central currently houses more than 145,000 questions in its MATLAB Answers database. The company actively supports numerous academic institutions to advance STEM education, including funding to MIT Open Courseware and MITx.
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- "Closing of Proceedings" (PDF). European Commission. 2 September 2014.
The Commission decided, as a result of the formal investigation, to close the antitrust proceedings initiated on 29 February 2012 against MathWorks in case AT.39840.
- Moler, Cleve (2003). "The MathWorks Logo is an Eigenfunction of the Wave Equation". Natick, MA: MathWorks. Retrieved 2013-11-23.
- Lulka, Jess (14 October 2015). "EcoCAR3 and MathWorks Partner for Advanced Vehicle Technology". Digital Engineering. Retrieved 17 July 2017.
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- "Here & Now home page". National Public Radio. Retrieved June 6, 2014.
- Strom, Stephanie (February 11, 2010). "Small Fund-Raisers for Victims Start to Add Up". The New York Times. p. A10. Retrieved April 12, 2010.
- Waterman, Pamela J. (1 June 2015). "Mainstreaming Math Tools for Engineers". Digital Engineering. Retrieved 17 July 2017.
- "MathWorks supports MIT with $2M funding". Worcester Business Journal Online. 21 March 2014. Retrieved 17 July 2017.
- "MathWorks Sponsors Boston STEM Week". Digital Engineering. 10 October 2016. Retrieved 17 July 2017.
|Wikimedia Commons has media related to MathWorks.|
- MathWorks company page
- The Origins of MATLAB by Cleve Moler
- The Growth of MATLAB and The MathWorks over Two Decades by Cleve Moler