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It shipped on July 21, 1993, with a 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 Commerce Commission examined Microsoft for possible collusion because of the partnership with IBM, marking the start 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 preliminary public providing (IPO) on the NASDAQ trade on March thirteen, with the resulting rise in inventory making an estimated 4 billionaires and 12,000 millionaires from Microsoft employees. IBM awarded a contract to Microsoft in November 1980 to offer a model of the CP/M OS 1red to be used within the IBM Personal Pc (IBM PC).
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