The company was founded in 1957 by Ken Olsen, a Massachusetts engineer. By the late 1980s, at its peak, DEC was the second-largest computer company in the world, and employed over 100,000 employees worldwide. Many of the company's products played an important role in the development of the computer industry. In particular, DEC played an important role in the development of minicomputers during the 1960s, 1970s, and 1980s; these smaller computers represented an alternative to the more powerful mainframe systems, which were dominated in market share by rival computer maker IBM.
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