Today in 1911, Endicott, NY, The Computing-Tabulating-Recording Company was formed from four different companies: The Tabulating Machine Company, International Time Recording Company, Computing Scale Company of America, and the Bundy Manufacturing Company. In 1924, the company would be renamed International Business Machines Corporation (IBM), and their focus would shift from timepieces and punch card machines to rising technologies. Today, IBM holds numerous records for most U.S. patents generated by a business. IBM’s philosophy has always mixed aggressive asset acquisition with progressive views on hiring and business models, leading to IBM having one of the largest and most successful workforces in the world.
Image Credit: The Indian Express