Computing-Tabulating-Recording Company
Former American business machines company / From Wikipedia, the free encyclopedia
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The Computing-Tabulating-Recording Company (CTR)[1] was a holding company of manufacturers of record-keeping and measuring systems subsequently known as IBM.
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| Industry | Business machines |
|---|---|
| Predecessor | Bundy Manufacturing Company International Time Recording Company Tabulating Machine Company Computing Scale Company of America |
| Founded | June 16, 1911; 112 years ago (1911-06-16) |
| Defunct | February 14, 1924; 99 years ago (1924-02-14) |
| Fate | Renamed as International Business Machines |
| Successor | International Business Machines, today known as IBM |
Key people |
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In 1911, financier and noted trust organizer, "Father of Trusts", Charles R. Flint amalgamated (via stock acquisition) four companies: Bundy Manufacturing Company, International Time Recording Company, the Tabulating Machine Company, and the Computing Scale Company of America; creating a fifth company – the Computing-Tabulating-Recording Company.[2][3]
CTR was initially located in Endicott, New York[4] The amalgamated companies had 1,300 employees and manufactured a wide range of products, including employee time-keeping systems, weighing scales, automatic meat slicers, and punched card equipment.[5][6]
CTR was renamed as the International Business Machines Corporation (IBM) in 1924.[7]
The individual companies continued to operate using their established names until the businesses were integrated in 1933, and the holding company was eliminated.[8][9]