IBM launches Linux-only mainframe system LinuxONE
International Business Machines Corp said on Monday it launched Linux-only mainframe servers called LinuxONE.
Aug 17, 2015, 23:55 PM ISTIBM to buy Merge Healthcare in $1 billion deal
International Business Machines Corp said it would buy Merge Healthcare Inc, which provides medical images and clinical systems, in a $1 billion deal and combine it with its Watson Health analytics unit.
Aug 06, 2015, 22:16 PM ISTIBM revenue falls for 13th straight quarter, shares dip
Shares of the world`s largest technology services company fell about 5 percent in after-market trading on Monday.
Jul 21, 2015, 09:16 AM ISTIBM says to invest $3 bn in 'Internet of Things' unit
IBM said a unit of the Weather Co will move its weather data services onto IBM`s cloud, so that customers can use the data in tandem with IBM`s analytics tools.
Mar 31, 2015, 14:50 PM ISTIBM targets $40 billion in cloud, other growth areas by 2018
International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
Feb 26, 2015, 21:52 PM ISTIBM brings back bonuses for top execs even as profits slide
International Business Machines Corp brought back annual performance bonuses for its chief executive and her top lieutenants for 2014 despite falling profits and a tumbling stock price, a regulatory filing showed on Friday.
Jan 31, 2015, 08:59 AM ISTLenovo $2.1 bn IBM x86 server deal to close Wednesday
The closing purchase price is lower than the $2.3 billion valuation announced in January.
Sep 29, 2014, 10:46 AM ISTIBM unveils ''brain-like'' chip that can interpret complex data
Unlike most chips, which operate on pre written paths, IBM`s version processes data in realtime and is capable of dealing with ambiguity, the company said. It runs on the energy equivalent of a hearing aid.
Aug 08, 2014, 09:30 AM IST