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HCL’s IBM deal puts focus on other IT firms’ moves
HCL Technologies’ announce big fat acquisition of Rs 12,700 crore IBM software products.
In biggest Indian IT deal, HCL Tech to buy USD 1.8 billion of IBM software
HCL Tech will buy seven software platforms from IBM, giving it a larger clientele and allowing it to step up its presence.
IBM to sell some of its software products to HCL for $1.8 billion
IBM is also in the process of buying US software company Red Hat Inc.
Seagate and IBM to help reduce global hard drive counterfeiting with blockchain tech
The project uses the IBM Blockchain Platform to authenticate the provenance of disk drive products.
IBM’s USD 34B Red Hat deal is risky bid to boost cloud business
The USD 34 billion stock deal translates to USD 190 per Red Hat share — a 63 percent premium to the closing price.
Red Hat jumps, IBM shares dip on cloud mega-merger
At USD 172, shares of Red Hat were still trading around USD 18 short of the USD 190 price agreed by the two companies.
IBM to acquire software company Red Hat for USD 34 billion
Founded in 1993, Red Hat specializes in Linux operating systems, the most popular type of open-source software.
IBM revenue misses as server, software sales slow
Revenue at its systems unit, which includes mainframe servers and data storage systems, climbed only 1 per cent.
IBM looks to partner with govt bodies,banks for agriculture solutions
The US-based company launched 'Watson decision platform for agriculture' globally.
IBM partners with IIT-B to advance AI research
The department of computer science and engineering at IIT-B will join the AI Horizon Network as part of the collaborative effort.