Bill Gates a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration, held at MITS's offices in Albuquerque, was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. Paul Allen was hired into MITS, and Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1975. They named their partnership "Micro-Soft" and had their first office located in Albuquerque. Within a year, the hyphen was dropped, and on November 26, 1976, the trade name "Microsoft" was registered
University of Cambridge of Cambridge's income comes from UK government funding for teaching and research, with another third coming from other research grants. Endowment income contributes around £130 million. The university also receives a significant income in annual transfers from the Cambridge University Press. In 2000, Bill Gates of Microsoft donated US$210 million through the Bill and Melinda Gates Foundation to endow the Gates Scholarships for students from outside the UK seeking postgraduate study at Cambridge. In the year ended 31 July 2013 the university had a total income of £1.44 billion, of which £332 million was from research grants and contracts. The