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IBM and the World Bank first introduced financial swaps to the public in 1981, when they entered into a swap agreement. [35] IBM entered the microcomputer market in the 1980s with the IBM Personal Computer (IBM 5150), which soon became known as the PC, one of IBM's best selling products.
International Business Machines (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.
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.
The merger made Compaq, at the time, the world's second largest computer maker in the world in terms of revenue behind IBM. [50] [23] Digital Equipment, which had nearly twice as many employees as Compaq while generating half the revenue, had been a leading computer company during the 1970s and early 1980s. However, Digital had struggled during ...
OS/360 (IBM's primary OS for its S/360 series) PCP and MFT (shipped) RAX; Remote Users of Shared Hardware (RUSH), a time-sharing system developed by Allen-Babcock for the IBM 360/50; SODA for Elwro's Odra 1204; Universal Time-Sharing System (XDS Sigma series) 1967 CP-40, predecessor to CP-67 on modified IBM System/360 Model 40; CP-67 (IBM, also ...
IBM Watson is a computer system capable of answering questions posed in natural language. [1] It was developed as a part of IBM's DeepQA project by a research team, led by principal investigator David Ferrucci. [2] Watson was named after IBM's founder and first CEO, industrialist Thomas J. Watson. [3] [4]
By 1960, magnetic core was the dominant memory technology, although there were still some new machines using drums and delay lines during the 1960s. Magnetic thin film and rod memory were used on some second-generation machines, but advances in core technology meant they remained niche players until semiconductor memory displaced both core and ...
IBM has undergone a large number of mergers and acquisitions during a corporate history lasting over a century; the company has also produced a number of spinoffs during that time. The acquisition date listed is the date of the agreement between IBM and the subject of the acquisition.