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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 ...
IBM plans to migrate its Chinese R&D functions to offices elsewhere, the Wall Street Journal reports citing Jack Hergenrother, a company vice president. The company is also looking for more ...
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 ...
As part of the 2016 spin-off, the consortium entered into a long-term licensing agreement with IBM for use of its weather data and "The Weather Channel" name and branding. [ 5 ] [ 6 ] [ 7 ] In August 2023, IBM agreed to sell The Weather Company to private equity firm Francisco Partners for an undisclosed sum.
IBM mounted an impressive comeback under Krishna, but it's still growing at a much slower clip than Microsoft. From 2023 to 2026, analysts expect Big Blue's revenue and EPS to grow at a CAGR of 4% ...
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 ...
International Business Machines Corporation (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
International Business Machines (NYSE: IBM) stock soared 13.6% through 11:10 a.m. Thursday morning after the tech giant beat on both sales and earnings last night. Analysts had forecast IBM would ...