November 16th, 2020IBM acquires TruQua Enterprises, an IT services and consulting SAP development partner to enhance its expertise in financial workflows with SAP.
July 1st, 2019Indian software major HCL Tech completed the acquisition of selected IBM Products like AppScan, BigFix, Commerce, Connections, Digital Experience etc.
October 30th, 2018After the $33 billion acquisition of Red Hat, IBM will take over 1,000 people on board of the acquired company in the world’s second-largest technology deal so far.
Along with this, IBM will get clients with high volume transactions that will include Bombay Stock Exchange and National Stock Exchange once the cash deal to acquire Red...
October 29th, 2018The multinational IT company IBM has reportedly made the largest software acquisition. The company has acquired US-based software company Red Hat for $34 billion, including debt.
The company is expecting to diversify its technology hardware and consulting business into higher-margin products and services. This particular acquisition...
July 19th, 2018IBM (International Business Machines Corp.) recorded a considerable uplift in the revenue and profit for the second quarter marked by a valuable benefit resulting from the growth in higher-margin businesses including cybersecurity and cloud computing.
Revenue from these businesses increased by 15% to $10.1 billion in the second...
June 9th, 2018The International Business Machines Corporation (IBM) along with the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) announced the launch of its latest and world’s fastest supercomputer named ‘Summit’. Summit was revealed at Friday at Oak Ridge National Laboratory in Tennessee.
The supercomputer highlights a...
May 5th, 2018American multinational conglomerate, Berkshire Hathaway Inc has bought an additional 75 million shares of Apple Inc. in the first quarter while dumping its remaining stake in International Business Machines Corp., Chairman Warren Buffett informed in an interview.
Buffet's announcement has come just after Apple had reported its...
March 19th, 2017The students of Maharashtra Institute of Technology (MIT) Pune and technology giant IBM have developed a robot, Chintu, which would assist senior citizens in their everyday tasks. Chintu, under 2ft tall robot, was developed after MIT Pune received a grant of Rs 10 lakh last year from IBM.
It is powered by the US-based companys...
January 4th, 2017IBM today announced the appointment of Karan Bajwa as Managing Director of IBM India Pvt. Ltd, succeeding Vanitha Narayana who is appointed as Chairman of IBM India Pvt. Ltd. These leadership announcements further demonstrate IBM’s commitment in the region.
Karan joined IBM in 2016 as Executive for Strategy and Transformation in...
