But unfortunately misleading:

IBM was founded in 1898 by German inventor Herman Hollerith as a census tabulating company.

(1) IBM was created in 1911 (initially as the Computing-Tabulating-Recording Company) as an amalgamation of four companies, one of which was Hollerith's.

(2) Hollerith himself was not a "German inventor" but rather U.S.-born of German immigrant parents.

But hey, what's bit of sloppy hyperbole if it drives your point across?