IBM

IBM is an multinational corporation dealing in computer technology and consulting. Known as the world's oldest and second largest software company, IBM (International Business Machines Corporation) employs approximately 388,000 people in over 17 countries.

Fast Facts:

1. Ticker: IBM NYSE
2. Annual revenue (2007): $98.785 billion U.S.
3. Founder: Herman Hollerith
4. Year established: 1889
5. CEO: Samuel J. Palmisano
6. CFO: Mark Loughridge
7. Headquarters: Armonk, NY
8. Industry: Computer
9. Phone: 1-914-499-1900
10. Fax: 1-914-765-6021
11. Revenue: $98.8 billion in 2007
12. Incorporated: 1911
13. IBM stands for "International Business Machines Corporation"
14. Fortune 500 company since 1924
15. Employed 3 Nobel Prize winners
16. Staff: 386,558

Brief History

IBM was founded in 1888 and incorporated in the state of New York in 1911. A significant development of the company was made in 1981, with the introduction of the personal computer. The PC division was later sold to Chinese company Lenovo for $655 million in cash and $600 million in stocks. The company has a major presence in computer software, hardware, consulting and IT service industries.

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