Computing-Tabulating-Recording Company
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| Industry | Business machines |
|---|---|
| Fate | Renamed |
| Successor | International Business Machines Corp. (IBM) |
| Founded | June 16, 1911 Endicott, New York, U.S. |
| Defunct | 1924 |
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Key people
|
Charles R. Flint (Founder, financier) |
Charles R. Flint (Founder, financier)
George W. Fairchild (Chairman)
The Computing-Tabulating-Recording Company (CTR) was a holding company of manufacturers of record-keeping and measuring systems subsequently known as IBM. . In 1911 financier and noted trust organizer, "Father of Trusts", Charles R. Flint amalgamated (via stock acquisition) four companies: The Tabulating Machine Company, International Time Recording Company, Computing Scale Company of America, and the Bundy Manufacturing Company; creating a fifth company - The Computing-Tabulating-Recording Company. Located in Endicott it was renamed International Business Machines (IBM) in 1924.
The individual companies of CTR continued to operate using their established names until the businesses were integrated in 1933 and the holding company eliminated. They manufactured a wide range of products, including employee time-keeping systems, weighing scales, automatic meat slicers, and punched card equipment.
Herman Hollerith initially did business under his own name, as The Hollerith Electric Tabulating System, specializing in punched card data processing equipment. In 1896 he incorporated as the Tabulating Machine Company and in 1905 reincorporated as The Tabulating Machine Company. Hollerith's series of patents on tabulating machine technology, first applied for in 1884, drew on his work at the U.S. Census Bureau from 1879 to 82. Hollerith was initially trying to reduce the time and complexity needed to tabulate the 1890 Census. His development of punched cards in 1886 set the industry standard for the next 80 years of tabulating and computing data input.
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