News Byte
Arik Hesseldahl in News on January 31 at 1:35 pm PT
IBM said today it had reached a deal to acquire Worklight, a privately held Israeli mobile software company. Terms weren’t disclosed, but at least one report put the deal at $70 million. IBM said 75 percent of CIOs it had recently surveyed considered spending on mobile devices and software a priority.
Arik Hesseldahl in News on January 19 at 10:26 am PT
Big Blue reports earnings today after the markets close. Expect some troubles related to currencies and maybe from service bookings. Also? It will be Ginni Rometty’s first earnings report as CEO.
Arik Hesseldahl in News on January 4 at 2:42 pm PT
IBM’s new CEO, Ginni Rometty, closes her first acquisition and makes her first two big promotions.
Arik Hesseldahl in News on January 4 at 7:00 am PT
IBM’s game-show winning, human-humiliating supercomputer has a new gig: Helping doctors treat patients with cancer.
Arik Hesseldahl in News on January 2 at 9:33 am PT
Palmisano will be remembered as the man who sold IBM’s PC division to China’s Lenovo. Seven years later, it seems to have been a good trade for both parties.
Arik Hesseldahl in News on December 19, 2011 at 12:29 pm PT
Big Blue marks the end of the year by rolling out its crystal ball.
Arik Hesseldahl in News on December 15, 2011 at 8:25 am PT
Big Blue aims to make supply chains more efficient with this acquisition. Not sexy — unless you’re the chief procurement officer of a big company and you want to score points with the boss.
Arik Hesseldahl in News on November 14, 2011 at 4:59 am PT
Warren Buffett says he has bought 5.5 percent of IBM, which appears to make him Big Blue’s largest shareholder.
News Byte
Arik Hesseldahl in News on October 4, 2011 at 8:43 am PT
Making good on
signals it floated that it might begin another acquisitive streak, IBM today said it will
acquire Q1 Labs, a Massachusetts-based security firm that specializes in using analytics to detect and flag suspicious activity on corporate networks. Financial terms of the deal weren’t disclosed, but IBM said Q1 will be added to its newly formed Security Systems Unit, going after what it says is a $94 billion opportunity in security software and services.
Arik Hesseldahl in Enterprise on September 8, 2011 at 2:59 am PT
Big Blue is hoping to prod small and medium companies to boost their tech spending with a billion dollars worth of easy credit.
