IBM

IBM signs $1.25 billion WPP cloud deal and says more coming

Bart Van den Daele, IBM`s general manager for strategic outsourcing in Europe, said big contract signings slowed in the depths of the euro crisis but that the region`s customers are ready to play catch-up.

Dec 03, 2014, 09:06 AM IST

IBM signs 10-year multi-billion cloud deal with ABN Amro

Last month, IBM said it had won a 7-year outsourcing contract from Germany`s Lufthansa worth 1 billion euros ($1.25 billion) that will see the US company take over the airline`s information technology infrastructure services division and staff.

Dec 01, 2014, 20:26 PM IST

IBM launches new email service 'Verse'

Tech giant IBM has launched a new e-mail application 'Verse' for enterprises that integrates social media, file sharing and analytics to help increase productivity.

Nov 19, 2014, 15:18 PM IST

IBM wins $1.25 bn 7-year IT outsourcing deal from Lufthansa

Tech major IBM Tuesday announced that it has signed a seven-year 1 billion Euro (about USD 1.25 billion) outsourcing contract to deliver IT infrastructure services for Deutsche Lufthansa AG and its group companies.

Nov 18, 2014, 23:13 PM IST

Iusacell's $2.5 bn suit against IBM on hold due to arbitration

A US judge on Friday put on hold a $2.5 billion lawsuit by Mexican mobile phone operator Iusacell SA de CV accusing IBM Corp of fraudulent misrepresentations, citing a pending arbitration launched by the US technology giant.

Nov 15, 2014, 13:32 PM IST

IBM dips into Twitter stream for business insights

Twitter on Wednesday announced a partnership to let computing powerhouse IBM dip into the public stream of tweets to provide businesses with insights for making decisions.

Oct 30, 2014, 04:44 AM IST

Lufthansa outsources IT infrastructure ops to IBM

German airline Lufthansa said on Wednesday it will outsource its IT infrastructure services to US computer giant IBM to cut costs by 70 million euros ($89 million) annually.

Oct 22, 2014, 13:38 PM IST

S&P, Nasdaq climb but IBM results weigh on Dow

US stocks were mixed on Monday as the S&P 500 and Nasdaq advanced, but disappointing results from IBM kept the Dow close to the unchanged mark.

Oct 21, 2014, 02:41 AM IST

IBM profit plunges on disposal of chip unit, poor sales

Shares of IBM plummeted Monday after earnings collapsed on a USD 4.7 billion charge and weak sales raised questions about the technology giant's efforts to remake itself.

Oct 20, 2014, 23:43 PM IST

IBM to pay Globalfoundries to take chip unit

IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday.

Oct 20, 2014, 17:04 PM IST

Dell, BlackBerry downplay threat from Apple-IBM alliance

Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week, arguing the tie-up is unlikely to derail the efforts of their own companies to re-invent themselves.

Jul 26, 2014, 12:31 PM IST

Apple, IBM to develop Apps for iPhones, iPads

The agreement will also allow the New York-based software maker to sell iPhones and iPads with solutions targeting enterprise clients.

Jul 16, 2014, 14:56 PM IST

Lenovo expects IBM, Mobility deals to be completed by year end

Proposed purchases by China`s Lenovo Group Ltd of IBM Corp`s low-end server unit and Google Inc`s Motorola Mobility business should be completed by year-end, Lenovo Chief Executive Officer Yang Yuanqing said on Wednesday.

Jul 02, 2014, 09:09 AM IST

IBM, Lenovo server deal in limbo over security worries: Report

The long-expected acquisition in January came nearly a decade after Lenovo bought IBM`s money-losing ThinkPad business for $1.75 billion, which had also faced scrutiny.

Jun 26, 2014, 11:36 AM IST

IBM overtakes Trend Micro as No. 3 security software maker

IBM overtook Japan`s Trend Micro Inc to become the world`s No. 3 provider of security software last year, after acquiring cybersecurity firm Trusteer, according to market share data released on Tuesday by Gartner.

Jun 11, 2014, 04:04 AM IST