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2010-08-26 14:08:53
2010-08-26 14:08:53

IBM was founded on June 16th, 1911. The company was originally called the Computing Tabulting Recording Corporation (or CTR for short). Charles R. Flint approched three separate companies with the possibilities of a merger in 1910. Those companies were;

  1. The Tabulating Machine Company; founded in 1896 by Herman Hollerith in the Washington D.C. area.
  2. The Computing Scale Company; founded in 1891 by Orange Ozias in the Dayton, OH area.
  3. The International Time Recording Company; an acquisition of Bundy Manufacturing Company, the Standard Time Stamp Company, and the Willard and Frick Manufacturing Company. Organized in 1900 by George W. Fairchild. ITR also acquired the Dey Time Register Company in 1907.

On February 14th, 1924 Thomas J. Watson Sr., the acting president of CTR, renamed the company the International Business Machines Company, or IBM as we know it now.

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