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April 7, 1964: IBM Bets Big on System/360

9 April 2008 686 supporters No Comment

1964:IBM unveils the System/360 line of mainframe computers.In what some consider the biggest business gamble of all time, the International Business Machines Corp. invested $5 billion ($34 billion in today’s dollars) in a family of six mutually compatible computers and 40 peripherals that could work together and be expanded in multiple combination

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