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- Ticker: IBM NYSE
- Annual revenue (2007): $98.785 billion U.S.
- Founder: Herman Hollerith
- Year established: 1889
- CEO: Samuel J. Palmisano
- CFO: Mark Loughridge
- Headquarters: Armonk, NY
- Industry: Computer
- Phone: 1-914-499-1900
- Fax: 1-914-765-6021
- Revenue: $98.8 billion in 2007
- Incorporated: 1911
- IBM stands for "International Business Machines Corporation"
- Fortune 500 company since 1924
- Employed 3 Nobel Prize winners
- Staff: About 386,000
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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 386,000 people in over 17 countries.
In March 2009 it was reported that IBM was in talks to buy Sun Microsystems for up to $6.5 billion in cash.PC World: IBM Is in Talks to Buy Sun Microsystems (March 18, 2009) However, Sun declined the offer in favor of one from Oracle.http://www.eweek.com/c/a/IT-Infrastructure/Oracle-Sun-Deal-Strengthens-Competition-Against-IBM-HP-Cisco-505807/
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.2009 Layoffs
On March 26, 2009, IBM laid off over 1,600 people in the U.S in its applications services business. According to anonymous sources and internal documents, more job cuts will take place later in the day. Up to 5,000 job cuts could be announced today, according to several sources. IBM had already cut at least 4,000 jobs in 2009 before the job cuts on March 26.Bloomberg: IBM Said to Be Cutting 5,000 Jobs, Mostly in Services (March 25, 2009) Information Week: IBM Layoffs Include Wide Ranging U.S. Job Cuts (March 26, 2009)-
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IBM Questions
Will IBM and Sun merge? 2 AnswersBeing an ex-employee of Sun and a long-time stock holder... I think that the difference in culture plays a part in the whole merger. Scott McNealy's attitude s... read more
What can GM learn from IBM? 1 AnswerNot much, GM can't embrace a full service model, they will not stop building cars for the time being. It would also be politically impossible for GM to sell the... read more
Do you expect Microsoft and IBM to increase growth in the next five years? 1 AnswerRecently IBM and MSFT (Microsoft) have had declining earnings. Wall street analysts expect over the next few years that both companies will experience some gro... read more
Have a Thinkpad X200, so slow. What can I do for it? 1 AnswerUsually a slow computer either has too much software running in the background (or a virus), or not enough RAM memory. Also possible that it is overheating and ... read more
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IBM Products and Services
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Whoa. When did Apple start being worth more than IBM? http://j.mp/8AFoM6
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@headius IMHO that's only a niche market with a well known mindset. We need big corps (ex: IBM, Oracle..) for uppr mngmnt. to support JRuby
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New blog post: IBM RFID Propaganda commercial http://rfidtech.hostoi.com/ibm-rfid-propaganda-commercial/
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IBM this week requirement Job code 8795642589676354: Send your resume with GOM Code as subj.. http://bit.ly/07OwsKQ www.jobsbyluck.com
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