IBM

IBM (International Business Machines Corporation) is a multinational technology company based in Armonk, New York, operating in over 170 countries. Founded in 1911, IBM initially focused on computing and recording equipment and was renamed in 1924. The company develops and sells computer hardware, middleware, and software, and offers hosting and consulting services across various technology sectors, including mainframe computers and nanotechnology.

IBM has adapted its business strategy over the years by moving away from lower-margin markets to focus on more profitable areas. This includes divesting from businesses such as Lexmark, its personal computer division, and x86-based server operations, while also acquiring firms like PwC Consulting, SPSS, and The Weather Company. In 2014, IBM transitioned to a "fabless" model for semiconductor design, outsourcing manufacturing to GlobalFoundries.

IBM is a significant player in the technology industry and is included in the Dow Jones Industrial Average. The company employs a large workforce and has a history of innovation, with its employees receiving numerous prestigious awards in technology and science.