In Pictures: Twelve different companies IBM has been

With big layoffs rumored to be close on the horizon, IBM is going to need to use another regeneration.

In Pictures: Twelve different companies IBM has been next

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IBM CEO Ginni Rometty may be readying the ax With massive layoffs rumored to be in the works at IBM, it looks like the storied company is about to go through a profound transformation. But Big Blue has seen this before, going through boom-bust cycles and different focuses. IBM has in fact tried on a lot of different identities over the past hundred-plus years. You could say it's been a lot of different companies over the years -- some of them overlapping, to be sure, but most of them quite distinct.

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In Pictures: Twelve different companies IBM has been

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