COMPUTER FUNDAMENTALS

Detailed explanation-1: -With the proceeds from leasing his machines to the Census Bureau, Hollerith founded the Tabulating Machine Company in 1896. Eventually, it would merge with several other firms in 1911, and was renamed International Business Machines in 1924.

Detailed explanation-2: -In 1896 Hollerith founded the Tabulating Machine Company to exploit his inventions. By this time he had added a mechanism to feed the cards automatically and other automatic sorting procedures which added sophistication to the original simple mechanical counting process.

Detailed explanation-3: -In 1896 Hollerith organized the Tabulating Machine Company, incorporated in New York, to manufacture the machines; through subsequent mergers it grew into the International Business Machines Corporation (IBM).

Detailed explanation-4: -Hollerith was able to invent a device that did just that: an electric tabulating machine. Herman Hollerith was born to German immigrants in Buffalo, NY in 1860. His early education was rocky, but he was eventually able to enroll at the City College of New York in 1875.