Microsoft Corporation, founded on April 4, 1975, in Albuquerque, New Mexico, is a leading multinational technology company based in Redmond, Washington. It is the world's largest software maker by revenue, diversifying into areas like consumer electronics and corporate acquisitions, with notable purchases including Skype for $8.5 billion. The Microsoft Innovation Management Framework provides a structured approach to innovation management, outlining best practices through five primary processes and leveraging the company's extensive experience in fostering innovation.