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International Business Machines News

17 Aug 2015

IBM launches Linux-only mainframe system LinuxONE

International Business Machines Corp said on Monday it launched Linux-only mainframe servers called LinuxONE.

International Business Machines

06 Aug 2015

IBM 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.

21 Jul 2015

IBM 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.

31 Mar 2015

IBM 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.

International Business Machines

26 Feb 2015

IBM 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.

31 Jan 2015

IBM 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.

29 Sep 2014

Lenovo $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.

International Business Machines

08 Aug 2014

IBM 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.

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