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]
CTR
was invoked but never defined (see the help page).MartinComputerHistory
was invoked but never defined (see the help page).