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IBM Facts

A global leader in hardware, software, services and IT consulting space

  • IBM actually stands for International Business Machines.
  • IBM is world's 2nd largest technology company.
  • IBM turned 100 years on June 16, 2011
  • IBM is also popular as Big Blue. While there is no specific reason for calling so, many attribute it for its blue colored large-sized logo.
  • IBM was originally founded as Tabulating Machine Company by Herman Hollerith in New York.
  • It was originally incorporated as Computing Tabulating Recording Corporation.
  • The company was listed on New York Stock Exchange in 1916.
  • IBM sold its PC division to China's Lenovo in 2005 for $1.25 billion.
  • In his first meeting with top IBM executives, IBM CEO Louis Gerstner was the only one in the room with a blue shirt.
  • In 1985, IBM had 406,000 employees!
  • In late 1960s, IBM is the only technology company in top 10 of Fortune 500 companies.
  • IBM has the oldest median age employees. The average age is 44 years!
  • IBM is among the first to give workers paid holidays and life insurance.
  • IBM personnel and its PCs helped NASA land the first man on the moon in 1969.
  • IBM Deep Blue defeated world chess champion Garry Kasparov in a closely-watched, six-game match.
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