Step 1 : Introduction to the question "Which well-known company name is actually an acronym?"
...IKEA might sound like a Swedish word, but it’s actually a lengthy acronym that incorporates its founder’s name, Ingvar Kamprad, and two aspects of his hometown, Elmtaryd (the farm he grew up on) and Agunnaryd (a nearby village). In 1943, Kamprad founded IKEA at age 17. In 1951, the IKEA catalog was published for the first time. Five years later, the company had the idea to take legs off a table to make it easier to ship to homes, and flat-packed furniture was born. Today, the Swedish company is known for its ready-to-assemble furniture and food court meatballs.
Step 2 : Answer to the question "Which well-known company name is actually an acronym?"
IKEA:
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