The Computing-Tabulating-Recording Company, the precursor to IBM, was founded on June 16, 1911. At its beginning, it was a merger of three manufacturing businesses orchestrated by the financier, Charles Flint. Tabulating- Recording Company (C-T-R) manufactured and sold machinery ranging from commercial scales and employee time-keeping systems to automatic meat slicers, and punched card equipment. It was renamed International Business Machines (IBM) in 1924.
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