IBM (US)

IBM lost its dominance of the computer hardware market when it allowed other companies to clone its PCs. Although it remains a major force in servers and other storage devices, the group has reinvented itself most successfully as the world's foremost IT consulting and services business. As a result it was one of the few IT companies to survive the dotcom downturn virtually unscathed, arguably in better shape since 2000 than it was at any time in the two decades before. In a major break with its past, IBM agreed to sell its entire desktop and notebook computer division to Chinese manufacturer Lenovo in 2004. That divestment made barely a scratch on revenues which continued to soar to record levels for 2006 and 2007, bolstered by a series of acquisitions for its substantial software division. Its extensive global services division also houses IBM Interactive, a unit which offers digital development and marketing services to clients.

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Competitors: see IT Sector index for other companies

The Adbrands Company Profile of IBM summarises the company's history and current operations and also contains the following website links:

IBM website

IBM Global Services	IBM Storage Systems
Lotus	WebSphere
Tivoli	IBM e-Servers
Rational Software	IBM Software
Object Technology International	DB2
IBM Microelectronics

IBM worldwide

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