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IBM announces the 7094 II, the most powerful computer in the product line to date; an electronic filing system composed of new IBM 1302 disk storage files; the 1460, which processes information nearly twice as fast as the 1401; and the 1240 banking system.
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The company names the first eight IBM Fellows in a new Fellowship Program that recognizes senior IBM scientists, engineers and other professionals for outstanding technical achievements.
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IBM forms three new divisions: Industrial Products; Real Estate and Construction; and Research.
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IBM introduces several different kinds of teleprocessing systems, including the 1030 and the 1050 data collection system, and the 7740 communication control unit.
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IBM employees and computers help NASA track the orbital flight of the Mercury astronauts.
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New facilities are completed in East Fishkill, New York; Lexington Kentucky; Rochester, Minnesota; and Bombay, India.
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New laboratories are established in Zurich, Switzerland; La Gaude, France; and Vienna, Austria.
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Employees |
137,612
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Stockholders |
232,250 |
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Revenue |
$2.86 B
+ 10 % |
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Net earnings |
$364 M
+ 19 % |
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