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It shipped on July 21, 1993, with a model new modular kernel and the 32-bit Win32 application programming interface (API), making it easier to port from 16-bit (MS-DOS-based) Windows. In 1990, the Federal Trade Commission examined Microsoft for attainable collusion due to the partnership with IBM, marking the beginning of more than a decade of legal clashes with the government. Microsoft moved its headquarters from Bellevue to Redmond, Washington, on February 26, 1986, and went public with an initial public offering (IPO) on the NASDAQ trade on March thirteen, with the resulting rise in stock making an estimated 4 billionaires and 12,000 millionaires from Microsoft staff.
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