MITS agreed to distribute it, marketing it as Altair BASIC.:108, 112–114 Gates and Allen established Microsoft on April 4, 1975, with Gates as CEO, and Allen suggested the name "Micro-Soft", short for micro-computer software. Allen worked on a simulator for the Altair while Gates developed the interpreter, and it worked flawlessly when they demonstrated it to MITS in March 1975 in Albuquerque, New Mexico. ![]() Gates called MITS and claimed that he had a working interpreter, and MITS requested a demonstration. The January 1975 issue of Popular Electronics featured Micro Instrumentation and Telemetry Systems's (MITS) Altair 8800 microcomputer, which inspired Allen to suggest that they could program a BASIC interpreter for the device. Gates enrolled at Harvard University while Allen pursued a degree in computer science at Washington State University, though he later dropped out to work at Honeywell. In 1972, they founded Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data. Childhood friends Bill Gates and Paul Allen sought to make a business using their skills in computer programming.
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