How Popular Tech Companies Got Their Names
By siliconindia
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Lotus
Lotus was founded in 1982 by Mitch Kapor and Jonathan Sachs. The name was derived from 'The Lotus Position' or "Padmasana", by Kapor, who was a teacher of Transcendental Meditation of Maharishi Mahesh Yogi. Thus, the name "Lotus" referred to the three ways the product could be used--as a spreadsheet, graphics package, and database manager.