International Business Machines (IBM) is headquartered in Armonk, New York
and manufactures and sells computer hardware and software. It also offers
infrastructure, hosting and consulting services. IBM was founded in 1911
as the Computing Tabulating Recording Corporation thorough the merger
of four companies. CTR adopted the name International Business Machines
in 1924. Fortune ranked IBM the 18th largest firm in the United States, as
well as the 7th most profitable.