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SaskCOMP was leasing IBM's largest system and became the 8th largest computer operation in Canada. SaskCOMP rates were the lowest in the Canadian service bureau industry. In 1983, SaskCOMP celebrated its 10th anniversary!Efforts continued to focus on data security with new security policies, dedicated security employees and secure storage.
The IBM Toronto Software Lab is the largest software development laboratory in Canada and IBM's third largest software lab. Established in 1967 with 55 employees, [1] the Toronto Lab, now located in Markham has grown to employ 2,500 people. These employees develop some of IBM's middleware. [2]
On Jan. 1, IBM put the brakes on its dollar-for-dollar 5% employee match in its 401(k) plan and began providing most of its US workers a portable "retirement benefit account."
IBM assumed a controlling financial interest in ISM Canada. IBM outsourced its internal computer operations (host and client-server systems) to ISM. ISM ranked as one of the top 500 Canadian companies, moving up almost 300 places in the survey by Commerce magazine. In 1995, ISM Canada became 100% owned by IBM.
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.
In 2015, IBM announced three major acquisitions: Merge Healthcare for $1 billion, [83] data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.com and The Weather Channel mobile app. [84] [85] Also that year, IBM employees created the film A Boy and His Atom, which was the first molecule movie to tell ...
Celestica was incorporated in 1994 as a subsidiary of IBM. [3] In 1996, it was sold off to Onex Corporation.In April 2001, the company announced it was laying off 3,000 people, about 10% of its workforce, due to the dot-com crash. [4]
By the end of 1994, IBM ceased new development of OS/2 software. IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo. [23]