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International Business Machines (IBM) Corporation is a brand that directly connotes PC hardware and software. It is the case! Its century-long history has generated a number of Nobel-prize winners and a galaxy of inventions that stroke root in everyday life. The ‘Big Blue’ is the company’s nickname, deriving either from the color of mainframes IBM installed in earlier times, blue suits worn by many employees or the color of corporate logos. The etymology of it is still vague.
Covering nearly all spheres of modern IT and computing world, the manufacturer puts strong emphasis on the development of cloud storage business. With this purpose, its officials agreed to invest $1.2 billion into the construction of 15 new data centers around the world. Along with cloud computing, IBM pays great attention to research and innovation. This results in the appearance of hundreds of new patents for inventions each year.
Finally, the manufacturer’s greatest deal during the past decade was marketing its PC business in 2005 to Lenovo. Besides, official authorities are making plans to sell x86 server division to this vendor for some estimated $2.1 billion.
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