My phone keyboard spelling aside, when the acronym was first coined, correct, but it seems to have sence devolved into more of a colloquialism for large scale tech related corporations, outliving the precise corporate restructuring that once comprised the old acronym. At least that's what I've experienced in my workplaces, as well as the comments here:
Was there a equivalent house hold colloquialism for IBM, HP, Xerox, Bell System, etc. back in the day?