A computer and computing services company named International Business Machines.
Originally founded in 1924 following the merger in 1911 of 3 companies into the holding company CTR (Computing Tabulating Recording):
By the time IBM made their first electronic digital computers in the early 1950s (NORC and the IBM 701 Defense Calculator) they had an extremely diversified and correspondingly difficult to manage product line. It was not until the late 1960s that they began to fully commit to the computer business and selloff unrelated product lines, a process that continues to the present day (e.g. the selloff of their PC line to Lenova in China as IBM itself concentrates more on services than actual hardware).
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