Competition Commission clears IBM-Globalfoundries deal

Last Updated: Friday, January 2, 2015, 15:55

Technology major IBM's proposed deal with US-based Globalfoundries has been cleared by fair trade watchdog CCI, which said the transaction would not have any adverse impact on competition in India.

IBM says cloud business enjoying "breakthrough year"

Last Updated: Thursday, December 18, 2014, 12:24

IBM aims to expand the number of data centres it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a "breakthrough year" in 2014 for its cloud computing business.

IBM signs $1.25 billion WPP cloud deal and says more coming

Last Updated: Wednesday, December 3, 2014, 09:06

Bart Van den Daele, IBM`s general manager for strategic outsourcing in Europe, said big contract signings slowed in the depths of the euro crisis but that the region`s customers are ready to play catch-up.

IBM signs 10-year multi-billion cloud deal with ABN Amro

Last Updated: Monday, December 1, 2014, 20:26

Last month, IBM said it had won a 7-year outsourcing contract from Germany`s Lufthansa worth 1 billion euros ($1.25 billion) that will see the US company take over the airline`s information technology infrastructure services division and staff.

Lenovo to buy IBM`s low-end server business for $2.3 bn

Last Updated: Thursday, January 23, 2014, 15:44

Chinese computer giant Lenovo will buy IBM`s low-end server business for USD 2.3 billion, it said Thursday, giving it a platform to compete in that sector with US giants Dell and Hewlett-Packard.

IBM misses revenue targets for fourth straight quarter

Last Updated: Wednesday, January 22, 2014, 09:35

IBM missed revenue expectations for the fourth straight quarter as it grappled with weakening demand for servers and storage in emerging markets such as China.

IBM leads tech patent filings in 2013, Google accelerates

Last Updated: Monday, January 20, 2014, 13:39

IBM has retained its patent crown in 2013, while Google climbed to No. 11 in the rankings.

IBM to invest $1bn in creating new division for Watson supercomputer

Last Updated: Friday, January 10, 2014, 13:06

IBM has reportedly announced that it will invest one billion dollars in creating a new division for its Jeopardy TV quiz show-winning Watson supercomputer.

Will aggressively defend against tax demand: IBM

Last Updated: Wednesday, December 4, 2013, 19:09

US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore.

IBM says will `aggressively` contest India tax demand

Last Updated: Wednesday, November 6, 2013, 19:37

The local unit of US technology services giant IBM said Wednesday it will "aggressively defend itself" through legal means against an Indian tax demand for a reported USD 865 million.

IBM accuses Twitter of 3 patent infringements

Last Updated: Tuesday, November 5, 2013, 18:55

According to Mashable, Twitter has said that based upon its preliminary review of the patents, it believes it has meritorious defenses to IBM's allegations.

Twitter boosts IPO range; IBM alleges patent infringement

Last Updated: Monday, November 4, 2013, 23:01

Twitter Inc boosted the price range for its initial public offering to USD 23 to USD 25 per share on Monday, as the microblogging network now seeks to raise up to USD 1.75 billion.