IBM

  • IBM Looks To The Cloud To Fight Disruption

    IBM Looks To The Cloud To Fight Disruption

    We are in an age of disruption and this is even more pronounced for a large technology company like IBM, but Big Blue finds itself in the position of having to reinvent itself yet again after surviving and even thriving through earlier technology transformations. Let's not forget that IBM was once the king of mainframes, which was a great place to be until mainframes were marginalized by mini… Read More

  • IBM Drops 4% After Its $22.48B Q1 Revenue Fails To Meet Investor Expectations

    IBM Drops 4% After Its $22.48B Q1 Revenue Fails To Meet Investor Expectations

    This afternoon following the close of regular trading, IBM reported its first quarter financial results, including revenue of $22.48 billion, GAAP earnings per share (EPS) of $2.29, and non-GAAP EPS of $2.54. Those figures were down, on a year-over-year basis, 4%, 15% and 15%. Read More

  • New IBM Services Target Security And Disaster Recovery

    New IBM Services Target Security And Disaster Recovery

    IBM has seen the technology world changing as much as any other vendor and that’s part of the reason it bought SoftLayer last year –to broaden its cloud offerings. Today, the company has built upon that, announcing new security and disaster recovery services that could make the cloud more attractive to companies that remain skeptical. One area the cloud excels in is disaster… Read More

  • IBM Scoops Up Silverpop

    IBM Scoops Up Silverpop

    IBM announced today it intends to buy Silverpop, a cloud marketing platform that gives marketers insight into customer activity online. Silverpop gives IBM a cloud-based marketing personalization tool that promises to provide users with a way to understand their customers better and offer more personalized experiences based on what they know. For instance, if you know that your customer is an… Read More

  • IBM Doubles Down On Cloud Services With Cloudant Acquisition

    IBM Doubles Down On Cloud Services With Cloudant Acquisition

    IBM is attempting to make up for its delayed push in cloud services by acquiring Cloudant, a YC alum and a cloud specialist in the area of NoSQL, database-as-a-service. This acquisition, the terms of which were not disclosed by the companies, comes a year after IBM acquired SoftLayer for around $2 billion, and also announced it will invest an additional $1 billion to enhance its cloud portfolio in… Read More

  • Twitter Acquires Over 900 IBM Patents Following Infringement Claim, Enters Cross-Licensing Agreement

    Twitter Acquires Over 900 IBM Patents Following Infringement Claim, Enters Cross-Licensing Agreement

    Twitter announced today that it has acquired over 900 patents from IBM, and that it has entered into a cross-licensing agreement with the Internet services and software company. IBM had issued a complaint against Twitter previously for patent infringement, as reported in an S-1 filing ahead of the social network’s IPO late last year. IBM was seeking a settlement according to that document… Read More

  • Google Is Making A Land Grab For The Internet Of Things

    Google Is Making A Land Grab For The Internet Of Things

    Before this past December, when Google acquired seven robotics companies back-to-back, the company's ambitions in the "Internet of Things" space looked as detailed as a freshly started jigsaw puzzle. But with its last three acquisitions -- Boston Dynamics, Nest and DeepMind -- it seems like Google is rapidly collecting the individual pieces to put together 'a real life Internet,' a network of… Read More

  • IBM Dumps Its Server Business On Lenovo For $2.3B

    IBM Dumps Its Server Business On Lenovo For $2.3B

    IBM has finally managed to sell its low-margin server business to the world’s largest PC maker Lenovo. The two companies have been negotiating this deal for past few years, and a potential sale fell off last year when Lenovo did not agree to pay what IBM wanted — $6 billion. Now, Lenovo has informed the Hong Kong Stock exchange that it will pay $2.07 billion in cash to IBM for buying… Read More

  • IBM’s Shares Slip After Its Q4 Revenue Falls On Weak Hardware Performance

    IBM’s Shares Slip After Its Q4 Revenue Falls On Weak Hardware Performance

    This fine Tuesday, IBM reported its fourth-quarter financial performance and was greeted with raspberries from investors with period revenue of $27.7 billion and earnings per share excluding items of $6.13. Using GAAP, IBM earned $6.2 billion, or $5.73. Off nearly a percent in regular trading, IBM eased another 2.5 percent in after-hours trading. Investors had expected IBM to earn revenue of… Read More

  • IBM Buys Aspera, A File Transfer Company That Counts Apple And Netflix As Customers

    IBM Buys Aspera, A File Transfer Company That Counts Apple And Netflix As Customers

    IBM is acquiring Aspera, a bootstrapped file transfer company that counts media companies, SaaS providers and large enterprises as customers. Terms of the deal were not disclosed. Aspera's software is built on "fasp" its patented file transfer technology. It is designed to leverage a company's wide area network (WAN) and commodity hardware to achieve speeds that are faster than FTP and HTTP… Read More