 | |
| Industry | Business machines |
|---|---|
| Predecessor | Bundy Manufacturing Company International Time Recording Company Tabulating Machine Company Computing Scale Company of America |
| Founded | June 16, 1911 |
| Founders | |
| Defunct | February 14, 1924 |
| Fate | Renamed as International Business Machines |
| Successor | International Business Machines, today known as IBM |
Key people |
|
The Computing-Tabulating-Recording Company (CTR)[1] was a holding company of manufacturers of record-keeping and measuring systems; it was subsequently known as IBM.
In 1911, the financier and noted trust organizer Charles R. Flint, called the "Father of Trusts", amalgamated (via stock acquisition) four companies: Bundy Manufacturing Company, International Time Recording Company, the Tabulating Machine Company, and the Computing Scale Company of America; creating a fifth company – the Computing-Tabulating-Recording Company.[2][3]
CTR was initially located in Endicott, New York.[4] The amalgamated companies had 1,300 employees and manufactured a wide range of products, including employee time-keeping systems, weighing scales, automatic meat slicers, and punched card equipment.[5][6]
CTR was renamed the International Business Machines Corporation (IBM) in 1924.[7]
The individual companies continued to operate using their established names until the businesses were integrated in 1933, and the holding company was eliminated.[8][9]
- ^ Cite error: The named reference
CTRwas invoked but never defined (see the help page). - ^ "Tabulating Concerns Unite: Flint & Co. Bring Four Together with $19,000,000 capital" (PDF). New York Times. June 10, 1911. Archived (PDF) from the original on February 25, 2021.
- ^ Flint uses allied consolidation. See Flint, Memories of an Active Life, Putnam's, 1923, p. 312.
- ^ Certificate of Incorporation of Computing-Tabulating-Recording-Co ... Fifth. The location of the principal business office is to be in the Town of Endicott, County of Broome, and State of New York.
- ^ "IBM Archives: 1911". www.ibm.com. January 23, 2003.
- ^ Cite error: The named reference
MartinComputerHistorywas invoked but never defined (see the help page). - ^ IBM Archives: History of the Time Equipment Division and its Products, IBM, circa 1956
- ^ For example, the last page of The Inventory Simplified Archived October 4, 2013, at the Wayback Machine, published in 1923, stated "The Tabulating Machine Company – Division of – International Business Machines Corporation.
- ^ Rodgers, Williams (1969). Think. Stein and Day. p. 83.
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