[Capital FM] This year, APC celebrates 40 years since introducing its first, milestone UPS in 1984. This original model, the 750, used a lead-acid battery to provide surge protection and backup power for PCs, LANs, and workstations. However, due to its high development cost, it didn't sell as well as anticipated, according to Emanuel "Manny" Landsman, who also co-founded the company in 1981.