The History of IBM goes back further than the development of computers. It was originally a Tabulating Machine Company founded in 1896 by Herman Hollerith. It specialized in developing punched card data processing equipment. The patent for this technology was initially applied for in 1884. It began as a means for Hollerith to meet the demands in tabulating the 1890 Census. Punch cards introduced in 1896 laid the foundation for generations of equipment which would one day be known as IBM. The business was sold to Charles Flint in 1911 for 2.3 million dollars of which he received 1.2 million dollars to create Computing Tabulating Recording Corporation or CRT. Incorporation took place on June 16, 1911 in Endicott, New York.
The History Of IBM
The History of IBM goes back further than the development of computers. It was originally a Tabulating Machine Company founded in 1896 by Herman Hollerith. It specialized in developing punched card data processing equipment. The patent for this technology was initially applied for in 1884. It began as a means for Hollerith to meet the demands in tabulating the 1890 Census. Punch cards introduced in 1896 laid the foundation for generations of equipment which would one day be known as IBM. The business was sold to Charles Flint in 1911 for 2.3 million dollars of which he received 1.2 million dollars to create Computing Tabulating Recording Corporation or CRT. Incorporation took place on June 16, 1911 in Endicott, New York.
 




