International Business Machines Corporation (IBM) operates as an information technology (IT) company worldwide. Its Global Services segment provides consulting services for application and systems integration, client relationship management, financial management, human capital, business strategy and change, supply chain management, and transformation of business processes. The company's Systems and Technology Group segment provides system and component design services, outsourcing of clients' design teams, and technology and manufacturing consulting services. It also offers data storage products, including disk, tape, and storage area networks. In addition, this segment provides semiconductor technology and products, packaging solutions, and engineering technology services to original equipment manufacturer clients. IBM's Personal Systems Group segment offers desktop and notebook computers, production print solutions, on demand print-related solutions, enterprise workgroup print technologies, and print management software and services. Its Software segment provides middleware and operating systems software. Middleware software enables clients to integrate systems, processes, and applications across their enterprises. It also offers collaboration and messaging software to engage in asynchronous communication and knowledge management. The company's Global Financing segment provides lease and loan financing to end users and internal customers. IBM's Enterprise Investments segment develops and provides industry-specific IT solutions supporting the hardware, software, and global services segments of the company. Its product lines include product life cycle management software and document processing technologies. The company was founded in 1910. It was formerly known as the Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM is based in Armonk, New York.
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