International Business Machines Corporation (IBM), also known as "Big Blue," is a multinational technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR), it was later renamed IBM in 1924. IBM operates in over 175 countries, providing software, IT consulting services, and hardware. IBM is listed on the NYSE under the ticker symbol "IBM". As of February 2026, IBM has a market cap of $255.00 billion.
IBM has a long history of innovation, with inventions such as the Automated Teller Machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, and the UPC barcode. More recently, IBM has focused on cloud computing, artificial intelligence, and quantum computing. Arvind Krishna is the current Chairman and CEO of IBM. Recent news includes IBM's launch of a new FlashSystem portfolio powered by AI. In December 2025, IBM announced a deal to acquire data-infrastructure company Confluent for approximately $11 billion.