A company with a long history in mainframes and enterprise IT services.
Short for International Business Machines. Its strength spans the enterprise IT market, from mainframes and consulting to hybrid cloud, bolstered by its acquisition of Red Hat. Once a company that provided everything from hardware to software as a vertically integrated stack, IBM pivoted sharply toward hybrid cloud and AI (watsonx) after its roughly $34 billion acquisition of Red Hat in 2019.
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