International Business Machines, better known by its IBM acronym, has turned 100 years old on Thursday. Back on June 16, 1911, the company was called Computing Tabulating Recording Co. and was a result of the merger of three companies that built scales, punch clocks for work and other machines. The original Endicott, New York-based plant made cheese slicers and machines that read data stored on punch cards. The current name came to be in 1924.