It was established in 1961 by Carl Erik Fröberg and is published by Springer Science+Business Media.

The name "BIT" is a reverse acronym of Tidskrift för Informationsbehandling (Swedish: Journal of Information Processing).

[1] Previous editors-in-chief have been Carl Erik Fröberg (1961-1992), Åke Björck (1993-2002), Axel Ruhe (2003-2015), and Lars Eldén (2016).

Peter Naur served as a member of the editorial board between the years 1960 and 1993, and Germund Dahlquist between 1962 and 1991.

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