Search Results for: IBM
ANZ signs AU$450 million, five-year strategic partnership with IBM
September 2nd, 2015
Leading edge technology to help ANZ be the best connected and respected bank across Asia Pacific ANZ, one of Australia and New Zealand’s leading banks, has signed a five-year, AU$450 million strategic agreement with IBM (NYSE: IBM). This partnership will ...
Dentons, NextLaw Labs and IBM Cloud fuel legal tech startups
August 10th, 2015
Dentons, the global law firm, today announced that NextLaw Labs, its collaborative innovation platform, has joined with IBM to create a technology platform program using IBM Cloud to enable startups to create and deploy legal applications more quickly. NextLaw Labs ...
IBM hire advisers to deal with restless investors – sources
April 3rd, 2015
Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman’s Pershing Square and Jeffrey Ubben’s ValueAct, ...
IBM says to invest $3 billion in ‘Internet of Things’ unit
March 31st, 2015
International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new ‘Internet of Things’ unit, aiming to sell its expertise in gathering and making sense of the surge in real-time ...
IBM looking at adopting bitcoin technology for major currencies
March 16th, 2015
International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. The objective is to ...
Lufthansa signs $1.25 billion outsourcing deal with IBM
November 18th, 2014
IBM (IBM.N) has won an outsourcing contract from Germany’s Lufthansa (LHAG.DE) worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline’s information technology infrastructure services division and staff. The move is part of ...
IBM to pay Globalfoundries to take chip unit
October 20th, 2014
IBM Corp (IBM.N) said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing, mobile and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years ...
Lenovo says $2.1 billion IBM x86 server deal
September 29th, 2014
Lenovo Group Ltd will close its acquisition of International Business Machines (IBM) Corp’s x86 server division on Oct 1 for $2.1 billion, giving China’s biggest personal computer maker a major asset as it expands its offerings for business clients. ...
Ford, IBM win dismissal of 12-year lawsuit over apartheid abuses
August 29th, 2014
A Manhattan federal judge has dismissed a 12-year-old lawsuit accusing Ford Motor Co (F.N) and IBM Corp (IBM.N) of encouraging human rights abuses in apartheid-era South Africa, reluctantly concluding that the case does not belong in U.S. courts. U.S. ...
U.S. Stock-Index Futures Rise as Apple, IBM Rally on Deal
July 16th, 2014
U.S. stock-index futures advanced as China’s second-quarter economic growth topped estimates and as Apple Inc. and International Business Machines Corp. rallied after announcing a partnership. Apple and IBM rose at least 2 percent each in early New York trading ...
