Editing MathWorks (section)

==History==
MATLAB was created in the 1970s by [[Cleve Moler]], who was chairman of the computer science department at the [[University of New Mexico]] at the time. It was a free tool for academics. [[John N. Little|Jack Little]], who would eventually set up the company, came across the tool while he was a graduate student in electrical engineering at Stanford University.<ref name=Globe1997/><ref name=MolerIEEE>{{cite journal |last1=Haigh |first1=Thomas |title=Cleve Moler: Mathematical Software Pioneer and Creator of MATLAB |journal=IEEE Annals of the History of Computing |date=January 2008 |volume=30 |issue=1 |pages=87–91 |doi=10.1109/MAHC.2008.2|s2cid=31651607 }}</ref>

Little and Steve Bangert rewrote the code for MATLAB in [[C (programming language)|C]] while they were colleagues at an engineering firm.<ref name=Globe1997/><ref name="Nagar"/> They founded MathWorks along with Moler in 1984,<ref name="Nagar">{{cite book |last1=Nagar |first1=Sandeep |title=Introduction to MATLAB for Engineers and Scientists: Solutions for Numerical Computation and Modeling |date=2017 |publisher=Apress |location=New York |isbn=978-1484231890 |page=3 |url=https://books.google.com/books?id=GsJADwAAQBAJ&pg=PA3 |access-date=5 December 2018}}</ref> with Little running it out of his house in [[Portola Valley, California]].<ref name="Higham">{{cite news |last1=Higham |first1=Nicholas |title=Tracing the Early History of MATLAB Through SIAM News |url=https://sinews.siam.org/Details-Page/tracing-the-early-history-of-matlab-through-siam-news |access-date=5 December 2018 |work=SIAM News |date=16 March 2017}}</ref> Little would mail [[diskettes]] in baggies (food storage bags) to the first customers.<ref>{{cite news| title = At Mathworks, support + fun = success CEO Jack Little believes in power of his workers -- and their ideas| url = https://www.newspapers.com/clip/26952065/the_boston_globe/ | publisher = The Boston Globe| first=Kimberly| last=Blanton| date=20 April 1997 |access-date=10 January 2019 |page=J1}}</ref> The company sold its first order, 10 copies of MATLAB, for $500 to the [[Massachusetts Institute of Technology]] (MIT) in February 1985.<ref>{{cite news |last1=Ogewell |first1=Verdi |title=MathWorks: Product Digitization is a Boost for Smart Algorithms and Simulation |url=https://www.engineering.com/PLMERP/ArticleID/11942/MathWorks-Product-Digitization-is-a-Boost-for-Smart-Algorithms-and-Simulation.aspx |access-date=5 December 2018 |work=Engineering.com |date=25 April 2016}}</ref> A few years later, Little and the company moved to Massachusetts.<ref name="Higham"/><ref>{{cite news |last1=Chesto |first1=Jon |title=MathWorks expansion could bring up to 2,000 new jobs to Natick in the next five years |url=https://www.bostonglobe.com/business/2018/06/18/mathworks-expansion-could-bring-new-jobs-natick-next-five-years/kkuDtuCS0ykAJXkNf4tM7N/story.html |access-date=5 December 2018 |work=The Boston Globe |date=18 June 2018}}</ref> There, Little hired Jeanne O'Keefe, an experienced computer executive, to help formalize the business.<ref name=Globe1997/> By 1997, MathWorks was profitable, claiming revenue of around $50 million, and had around 380 employees.<ref name=Globe1997>{{cite news| title = At Mathworks, support + fun = success CEO Jack Little believes in power of his workers -- and their ideas| url = https://www.newspapers.com/clip/26952040/the_boston_globe/ | publisher = The Boston Globe| first=Kimberly| last=Blanton| date=20 April 1997 |access-date=10 January 2019 |page=J5}}</ref> 
[[Image:Main campus, MathWorks, Natick MA.jpg|thumb|right|250px|{{center|Apple Hill Campus in [[Natick, Massachusetts|Natick]]}}]]

In 1999, MathWorks relocated to the Apple Hill office complex in Natick, Massachusetts, purchasing additional buildings in the complex in 2008 and 2009,<ref>{{cite news|first=Charlie |last=Breitrose| title  = MathWorks buys Natick building to create campus| url   = http://www.metrowestdailynews.com/news/x1444026990/MathWorks-buys-Natick-building-to-create-campus| publisher  = The Metrowest Daily News| date  = December 30, 2009}}</ref> ultimately occupying the entire campus. MathWorks expanded further in 2013 by buying [[Boston Scientific]]'s old headquarters campus, which is near to MathWorks' headquarters in Natick.<ref>{{cite news| first=Thomas |last=Grillo |title      = MathWorks pays $55M for Boston Scientific's Natick HQ| url = http://www.bizjournals.com/boston/real_estate/2013/04/mathworks-pays-55m-for-boston-sci.html| publisher  = Boston Business Journal| date = April 5, 2013}}</ref>

By 2018, the company had around 3,000 employees in Natick and said it had revenues of around $900 million.<ref name=Globe2018>{{cite news |last1=Chesto |first1=Jon |title=Natick software firm to add 2,000 local jobs within five years |url=https://www.bostonglobe.com/business/talking-points/2018/06/15/natick-software-firm-add-local-jobs-within-five-years/4bOlgyWEXoXcCpFodCwGtM/story.html |work=Boston Globe |date=June 15, 2018}}</ref>

On May 18, 2025, MathWorks was the target of a [[ransomware]] attack which took down online applications for over a week. <ref>{{Cite web |last=Jones |first=Connor |date=May 27, 2025 |title=Ransomware attack on MATLAB dev MathWorks – licensing center still locked down |url=https://www.theregister.com/2025/05/27/mathworks_ransomware_attack_leaves_ondeadline/ |website=The Register}}</ref><ref>{{Cite web |title=MathWorks Status |url=https://status.mathworks.com/ |archive-url=https://web.archive.org/web/20250527121506/https://status.mathworks.com/ |archive-date=2025-05-27 |access-date=2025-05-28 |website=status.mathworks.com |language=en}}</ref>