Lotus Software [SEP] parent company
Lotus Software
Lotus Software (called Lotus Development Corporation before its acquisition by IBM) was an American software company based in Massachusetts; it was "offloaded" to India's HCL Technologies in 2018.
Lotus is most commonly known for the Lotus 1-2-3 spreadsheet application, the first feature-heavy, user-friendly, reliable and WYSIWYG-enabled product to become widely available in the early days of the IBM PC, when there was no graphical user interface. Much later, in conjunction with Ray Ozzie
and was replaced by Feng Qingfeng from Lotus Group's parent company, Geely.
October 2018 saw further senior changes as Phil Popham was named CEO of Lotus Cars with Feng Qingfeng remaining in charge of Group Lotus.
Formula One and motorsport.
In its early days, the company encouraged its customers to race its cars, and it first entered Formula One through its sister company Team Lotus in 1958. A Lotus Formula One car driven by Stirling Moss won the marque's first Grand Prix in 1960 at Monaco. Moss