Intel 1968
Intel - the name is a diminution of the term "integrated electronics" - was formed in 1968 by Bob Noyce and Gordon Moore. Both had been founder members of the company Fairchild Semiconductor, but they left to form this new start-up company. They had the ideas but needed finance, which they found from a venture capitalist, Arthur Rock, who raised two and a half million dollars. Andy Grove, who also worked for Fairchild, left to join Intel as the fourth employee. Today he is still the Chairman.

Intel began making SRAM and DRAM computer memory chips, but soon progressed to producing microprocessors, which were to revolutionize the computing industry. Even though others were working on the development of the microprocessor, it was Intel that got there first, and their chips have dominated the microprocessor market ever since IBM chose the 8088 processor to power their own personal computers