IBM

IBM Founder (Thomas J. Watson)

Watson joined the Computing Tabulating Recording Corporation (CTR) on May 1, 1914. When Watson took over as general manager, the company produced $9 million in revenue and had more than 1300 employees. In 1924, he renamed the company International Business Machines. Watson built IBM into such a dominant company that the federal government filed a civil antitrust suit against them in 1952. IBM owned and leased to its customers more than 90 percent of all tabulating machines in the United States at the time. When Watson died in 1956, IBM's revenues were $897 million, and the company had 72,500 employees.


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