IBM Research
IBM's research and development division
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2024 | The quantum computing center in Ehningen, Germany, operated by the Fraunhofer Society and built by IBM, was officially opened. |
October 2024 | IBM introduced Granite 3.0, an open-source large language model designed for enterprise AI applications. |
May 2024 | IBM open-sourced Granite code models and made them available on Hugging Face for public use. |
February 1 2024 | IBM finalized the sale of The Weather Company to Francisco Partners for $1.1 billion. |
2023 | Slight revenue increase to $61.8 billion and recovery of net income to $7.5 billion, showing signs of potential stabilization |
2023 | IBM acquired Manta Software Inc. to complement its data and A.I. governance capabilities. |
December 2023 | IBM announced the acquisition of Software AG's StreamSets and webMethods platforms for €2.13 billion. |
November 16 2023 | IBM suspended ads on Twitter after discovering ads next to pro-Nazi content. |
August 2023 | IBM agreed to sell The Weather Company to Francisco Partners. |
May 2023 | IBM revealed Watsonx, a Generative AI toolkit powered by IBM's Granite models, offering services for training and fine-tuning models based on confidential data. |
2022 | Further significant revenue reduction to $60.5 billion, with net income dropping to $1.6 billion |
2022 | IBM releases the IBM z16, their latest model in the mainframe computer series, continuing their long-standing tradition of mainframe technology innovation. |
June 7 2022 | IBM announced an 'orderly wind-down' of its operations in Russia. |
May 2022 | IBM signed a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS), making IBM software available on AWS Marketplace and establishing joint investments to facilitate software integration and developer training. |
March 7 2022 | IBM CEO Arvind Krishna suspended all business in Russia following the Russian invasion of Ukraine. |
January 2022 | IBM announced the sale of Watson Health to private equity firm Francisco Partners. |
2021 | Continued its record of being the top U.S. patent generator for 29 consecutive years. |
2021 | IBM acquired enterprise software company Turbonomic for $1.5 billion. |
February 2021 | IBM committed to achieving net zero greenhouse gas emissions by 2030. |
2020 | Substantial revenue decline to $73.6 billion and net income reduction to $5.5 billion, likely impacted by COVID-19 pandemic |
2020 | IBM ranked No. 38 on the Fortune 500 list of largest United States corporations by total revenue. |
December 31 2020 | IBM reported total CO2e emissions of 621 kilotons, representing a reduction of 34.3% year-on-year. |
October 2020 | IBM announced the divestiture of its Managed Infrastructure Services unit into a new public company, Kyndryl. |
June 2020 | IBM announced its exit from the facial recognition business, with CEO Arvind Krishna calling for a national dialogue on the use of facial recognition technology by law enforcement agencies. |
March 2020 | IBM announced plans to build Europe's first quantum computer in Ehningen, Germany, in collaboration with the Fraunhofer Society, which was subsequently opened in 2024. |
February 2020 | IBM's John Kelly III joined Microsoft's Brad Smith in signing a Vatican pledge to ensure ethical use of Artificial Intelligence. |
July 9 2019 | IBM completed the acquisition of Red Hat. |
January 2019 | IBM introduced its first commercial quantum computer, the IBM Q System One, marking a significant milestone in quantum computing technology. |
2018 | IBM was among 92 Fortune 500 companies that paid an effective federal tax rate of 0% or less due to the Tax Cuts and Jobs Act of 2017. |
October 2018 | IBM announced its intention to acquire Red Hat for $34 billion. |
May 2018 | Warren Buffett completely divested his remaining shares in IBM, ending his investment in the company. |
2017 | IBM replaced Helvetica with the custom-designed IBM Plex corporate typeface after 50 years of using Helvetica. |
2017 | Significant drop in net income to $5.7 billion, indicating challenging business conditions |
December 2017 | Warren Buffett significantly reduced his IBM holdings by 94.5%, keeping only 2.05 million shares from his initial large investment. |
2016 | Continued revenue reduction to $79.9 billion, with net income dropping to $11.8 billion |
2016 | IBM launched all-flash arrays specifically designed for small and midsized companies, which include software for data compression, provisioning, and snapshots across various systems. |
2016 | IBM delivered the first-ever live 4K Ultra High Definition feed in the United States for a major sporting event at the Masters Tournament. |
2016 | IBM acquired video conferencing service Ustream and formed a new cloud video unit. |
2015 | IBM's chip division transitioned to a fabless model, offloading manufacturing to GlobalFoundries. The company made three major acquisitions: Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company. |
2015 | IBM acquired Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company. |
2015 | IBM employees created 'A Boy and His Atom', the first molecule movie to tell a story. |
2015 | Company experiences slight decline in revenue to $81.7 billion, with a modest increase in net income to $13.1 billion |
2015 | IBM's chip division transitioned to a fabless model, offloading semiconductor manufacturing to GlobalFoundries. |
2015 | Allocated $3 billion to create a next-generation semiconductor and $4 billion towards growing strategic imperatives including cloud, analytics, mobile, security, and social technologies. |
2014 | IBM reports peak revenue of $92.7 billion and 379,592 employees, marking a high point in the company's financial performance |
2014 | IBM revealed TrueNorth, a neuromorphic CMOS integrated circuit, and announced a $3 billion investment over the following five years to design a neural chip that mimics the human brain, capable of 10 billion neurons and 100 trillion synapses, using only 1 kilowatt of power. |
2014 | Invested $1 billion to create a business unit for Watson. |
2014 | IBM was accused of using 'financial engineering' to manipulate quarterly earnings targets instead of focusing on long-term investment strategies. |
2014 | IBM sold its x86 server division to Lenovo for $2.1 billion while continuing to offer Power ISA-based servers. |
2013 | IBM acquired SoftLayer Technologies, a web hosting service, in a deal worth around $2 billion. |
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