IBM

IBM collaborates with Persistent Systems to accelerate IBM Cloud Pak Deployment

by Mridha Shihab Mahmud - Jun 5, 2020

IBM and Persistent Systems declared a new collaboration to support accelerate IBM Cloud Pak deployments to speed clients’ enterprise modernization and their progress to the cloud. For years, more than 2,000 Persistent engineers...
IBM closed $34 billion acquisition of software company Red Hat Inc

by News Hour Correspondent - Jul 9, 2019

IBM said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business. Underscoring the drive into high-margin businesses,...
IBM to buy Red Hat for $34 billion

by News Hour Correspondent - Oct 29, 2018

IBM said on Sunday it has reached a deal to buy software company Red Hat for $34 billion, a move the computing giant said would enhance its cloud offerings, a key area of...
U.S. jury awarded IBM $83 million in a patent dispute with e-commerce company Groupon Inc

by News Hour Correspondent - Jul 28, 2018

A U.S. jury on Friday awarded International Business Machines Corp $83 million in a patent dispute with e-commerce company Groupon Inc. A jury in Delaware said Groupon used IBM’s patented e-commerce technology without...
IBM is backing a new cryptocurrency in a partnership with Stronghold

by News Hour Correspondent - Jul 17, 2018

International Business Machines Corp is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility,...
Shares in IBM surged 9 percent on Wednesday

by News Hour Correspondent - Oct 18, 2017

News Hour: Shares in International Business Machines Inc surged 9 percent on Wednesday after it beat expectations on revenue and gave an outlook that hinted one of the world’s first big computing names...
IBM takes Watson for Oncology to Bangladesh

by News Hour Correspondent - Jun 13, 2017

News Hour: IBM, today announced its collaboration with RITE Solutions Limited to deploy Watson for Oncology, a cognitive computing platform trained by Memorial Sloan Kettering, in hospitals in Bangladesh. Under this agreement with...
ABB seals a collaboration agreement with IBM on industrial artificial intelligence

by News Hour Correspondent - Apr 25, 2017

News Hour: ABB has sealed a collaboration agreement with International Business Machines Corp, the Swiss engineering company said on Tuesday, the latest step in its efforts to ramp up its presence in digital...
The Dow slid following disappointing IBM earnings and a pullback in petroleum-linked shares

by News Hour Correspondent - Apr 20, 2017

News Hour: The Dow slid following disappointing IBM earnings and a pullback in petroleum-linked shares due to a steep drop in oil prices. IBM slumped 4.9 percent as it reported a 13 percent...
IBM launched service to allow businesses to build applications on its cloud using blockchain code

by News Hour Correspondent - Mar 20, 2017

News Hour: International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the...