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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
Henry Taub. Henry Taub (September 20, 1927 – March 31, 2011) [1] was an American businessman and philanthropist of Hungarian - Jewish descent who was a co-founder of ADP . Raised in Paterson, New Jersey, Taub attended Eastside High School. [2] Taub was educated at New York University. He graduated from NYU in 1947 with a degree in accounting. [3]
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At cytoplasmic conditions, where the ADP/ATP ratio is 10 orders of magnitude from equilibrium, the ΔG is around −57 kJ/mol. Along with pH, the free energy change of ATP hydrolysis is also associated with Mg 2+ concentration, from ΔG°' = −35.7 kJ/mol at a Mg 2+ concentration of zero, to ΔG°' = −31 kJ/mol at [Mg 2+ ] = 5 mM.
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