On April 12, 1955, Minneapolis-Honeywell started a joint venture with [[Raytheon]] called Datamatic to enter the computer market and compete with [[IBM]].{{r|:5|page=118}} Two years later in 1957, their first computer, the [[DATAmatic 1000]] was sold and installed. In 1960, just five years after embarking on this venture with Raytheon, Minneapolis-Honeywell bought out Raytheon's interest in Datamatic and turned it into the Electronic Data Processing division, later Honeywell Information Systems (HIS) of Minneapolis-Honeywell.{{r|:5|page=118}} Honeywell also purchased minicomputer pioneer [[Computer Control Corporation]] (3C's) in 1966, renaming it as Honeywell's Computer Control Division. Through most of the 1960s, Honeywell was one of the "[[BUNCH|Snow White and the Seven Dwarfs]]" of computing. IBM was "Snow White", while the dwarfs were the seven significantly smaller computer companies: [[Burroughs Corporation|Burroughs]], [[Control Data Corporation]], [[General Electric]], Honeywell, [[NCR Corporation|NCR]], [[RCA]], and [[UNIVAC]]. Later, when their number had been reduced to five,<ref name="HOMC_page_143">{{cite book