What does ZIP stand for (the compression format, not the postal codes)

Posted by codymanix on Stack Overflow See other posts from Stack Overflow or by codymanix
Published on 2010-05-22T12:49:26Z Indexed on 2010/05/22 13:00 UTC
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Does anybody know for what the acronym ZIP stands for which was and is used in programs like PKZIP and GZIP? There is a compression algorithm named Lempel-Ziv-Welch-Algorithm (LZW) maybe the guy named Ziv invented together with other people ZIP?

I cannot find anything about it, maybe its not an abbreviation but instead it just means "to zip files" but I think originally there was more about it..

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