11 Facts About IBM

1. In 2011, IBM became the first technology company Warren Buffett's holding company Berkshire Hathaway invested in.

2. In 2016, IBM eliminated forced rankings and changed its annual performance review system to focus more on frequent feedback, coaching, and skills development.

3. In 2015, IBM started giving employees the option of choosing either a PC or a Mac as their primary work device, resulting in IBM becoming the world's largest Mac shop.

4. Additionally, in 2005, IBM became the first major company in the world to commit formally to not use genetic information in employment decisions; and in 2017, IBM was named to Working Mothers 100 Best Companies List for the 32nd consecutive year.

5. In 2012, IBM's brand was valued at $75.5 billion and ranked by Interbrand as the second-best brand worldwide.

6. In October 2018, IBM announced its intention to acquire Red Hat for $34 billion.

7. In 2016, IBM acquired video conferencing service Ustream and formed a new cloud video unit.

8. In 2015, IBM announced three major acquisitions: Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.

9. In 2014, IBM announced it would sell its x86 server division to Lenovo for $2.1 billion.

10. In 2002, IBM acquired PwC consulting, and in 2003 it initiated a project to redefine company values, hosting a three-day online discussion of key business issues with 50,000 employees.

11. In 1993, IBM posted a US$8 billion loss—at the time the biggest in American corporate history.