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IBM originated with several technological innovations developed and commercialized in the late 19th century. Julius E. Pitrap patented the computing scale in 1885; [18] Alexander Dey invented the dial recorder (1888); [19] Herman Hollerith patented the Electric Tabulating Machine (1889); [20] and Willard Bundy invented a time clock to record workers' arrival and departure times on a paper tape ...
International Business Machines Corp (NYSE:IBM) is laying off 1,000 employees as it shutters a fundamental research division in China. The company is shuttering two business lines specializing in ...
By Blake Brittain (Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
The roots of today's IBM Research began with the 1945 opening of the Watson Scientific Computing Laboratory at Columbia University. [4] This was the first IBM laboratory devoted to pure science and later expanded into additional IBM Research locations in Westchester County, New York, starting in the 1950s, [5] [6] including the Thomas J. Watson Research Center in 1961.
Not all of IBM's news was great. Sales for the quarter grew a bare 1%, and sales for the full fiscal year were up only 1.5%. ... IBM still wants investors to think of it as an artificial ...
NEW YORK (AP) — Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.
IBM spokesperson Edward Barbini stated: "IBM has a policy of not confirming or denying rumors." [19] On December 7, 2004, Chinese technology firm Lenovo announced its intent to purchase the IBM Personal Systems Group for $1.3 billion in an all-stock deal. [1] In 2005, some doubts were raised on the matter of national security of the United ...