11 Facts About IBM

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

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

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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.

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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.

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

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

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

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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.

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

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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.

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

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