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Third Generation of Computers 

- On April 7, 1964 IBM released its System/360 line of computers. The System/360 release marked the beginning of the third generation of computers.  

- The System/360 computers used integrated circuits rather than individual transistors.  

- During the third generation, magnetic core memory was replaced with semiconductor memories. 

- The notion of upward compatibility was introduced during the third generation. (This means that applications made for a given computer/system will work with the next model, just like an Excel 97 spreadsheet will work with Excel 2000.) 

- Sophisticated operating systems were introduced, giving used unprecedented control over the computer. 

-IBM’s System/360 and System/370 dominated the third generation computer market through the 1970s.