What key business, established by Hollerith in 1896, eventually evolved into IBM?
Answer
The Tabulating Machine Company (TMC)
Following the successful application of his tabulating machinery to the Census Bureau, Herman Hollerith formalized his enterprise in 1896 by establishing the Tabulating Machine Company (TMC). The goal of TMC was to market and sell his innovative tabulating machinery and related services to various government agencies and private businesses that required large-scale data tabulation solutions. This company served as the direct predecessor that, through subsequent mergers, including involvement with the Computing-Tabulating-Recording Company (CTR), ultimately transformed into the modern International Business Machines Corporation (IBM).
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