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IBM was formed from a merger of three (at the time) major companies:

  1. the Tabulating Machine Company, founded by Herman Hollerith and based in Washington D.C.
  2. the International Time Recording Company, was a forming of a merger between 2 unknown comanies and Bundy Manufacturing Company. Founded by Harlow Bundy in Auburn, NY.
  3. the Computing Scale Corporation, founded by Edward Canby and Orange Ozias in Dayton, OH.

These three companies were merged to form the Computing Tabulating Recording Corporation. They were based in Endicott, NY. The name was changed by CTR President Thomas J. Watson I in 1924 to the International Business Machine company (IBM).

Today IBM is headquartered @ Armonk, NY. In 2009 they reported almost 104 billion dollars in revenue and employ almost 400,000 employees.

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