Do you know what IBM stands for?
However, IBM hasn't always been IBM.
In 1911, it was called the Computer-Tabulating-Recording Company or C-T-R.
The company, which is best known for its computer hardware and software, made its first software in 1953.
Fortran was a popular language for high-performance computing and is the basis for many other programming languages.
IBM helped NASA track the flight of the Mercury astronauts in 1963. It also supported the Gemini flights in 1965, the Saturn flights in 1966 and the 1969 lunar mission.
IBM is Real Money's #StockoftheDay. Read the latest on the stock here.
Interested in more Behind the Label?
- How Did Intel Get Its Name? Hint: Two Words Blend to Create It
- Chinese Electric Car Company: NIO
- Curious About the History of Salesforce? Here's What Investors Should Know
- Tesla: 15 Years of Automotive History
- Behind the Smile: Inside Walmart
- Shopping for History: A Macy's Timeline
- How Alibaba Got to Where It Is Today
- From a Dorm to Silicon Valley: A History of Facebook
- Behind the Stream: A History of Roku