International Business Machines Corporation (NYSE: IBM), or IBM, is an Americanmultinational technology and consulting corporation
The company was founded in 1911 as the Computing Tabulating Recording Company(CTR) through a merger of three companies: the Tabulating Machine Company, theInternational Time Recording Company, and the Computing Scale Company
In 2012, Fortune ranked IBM the #2 largest U.S. firm in terms of number of employees (433,362), the #4 largest in terms of market capitalization, the #9 most profitable,and the #19 largest firm in terms of revenue. Globally, the company was ranked the #31 largest in terms of revenue by Forbes for 2011
IBM has 12 research laboratories worldwide and, as of 2013, has held the record for mostpatents generated by a company for 20 consecutive years History:
Starting in the 1880s, various technologies came into existence that would form part of IBM's predecessor company.
On June 16, 1911, these technologies and their respective companies were merged by Charles Ranlett Flint to form theComputing-Tabulating-Recording Company (C-T-R In 1937, IBM's tabulating equipment enabled organizations to process unprecedented amounts of data.
In 1952, Thomas J. Watson, Jr., became president of the company, ending almost 40 years of leadership by his father On April 7, 1964 IBM announced the first computer system family, the IBM System/360
Financial swaps were first introduced to the public in 1981 when IBM and the World Bank entered into a swap agreement In 2005, the company sold its personal computer business to Lenovo, and in the same year, agreed to acquire Micromuse IBM's headquarters complex is located in Armonk, Town of North Castle, New York, United States The company has twelve research labs worldwide—Almaden, Austin, Australia, Brazil, China, Dublin, Israel, India, Tokyo, Watson (New York), Zurich and Nairobi—with Watson (dedicated in 1961) serving as headquarters for the...