Ibm Stories
Cisco to buy video firm Tandberg for $3 billion
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion, the latest in a series of bets taken on using video to drive demand for its core data transmission gear.
Cisco to buy video company Tandberg for $3 billion
U.S. network equipment maker Cisco System is to buy Norway's video-conferencing equipment maker Tandberg ASA for an agreed 17.2 billion crowns ($3.0 billion) in cash, the companies said on Thursday, lifting Tandberg shares.
Xerox to buy ACS to expand back office services
Xerox Corp plans to buy Affiliated Computer Services Inc for $5.5 billion to move into the outsourcing business, but shares of the printing company plunged on concerns that it was gambling on a major shift in strategy.
Leaders need to move from resignation to resilience
How do leaders create organisations that will emerge better than before the GFC? Leaders need to look beyond the tough times for opportunities in the current climate, keep an unwavering eye on their strategic objectives and use their values in decision making.
IBM involved in failed IT plan for UK spies-report
IBM was the main supplier in a failed project by British intelligence to upgrade its communications system so various organizations and agents in different locations could share information, a report said on Friday.
New iPhone accounting rule approved
Apple may soon see a to their revenue thanks to revisions of reporting rules made Wednesday finalized by the Financial Accounting Standards Board.
Opportunity for Dell as supercomputing costs fall
Supercomputing, once the province of a select few, is fast becoming a key business tool, a trend Dell Inc (DELL.O) hopes to capitalize on.
Dell to buy Perot Systems for $3.9 billion
Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5 percent premium to expand its technology services business and compete with Hewlett-Packard Co and IBM.
Crisis sparks soul-searching at business schools
A year after the collapse of Lehman Brothers plunged the world into financial meltdown and jolted the foundations of capitalism, business students don't just want to learn how to maximize profit for shareholders and themselves.
GM board meets, Germany presses for Opel deal
The board of General Motors Co met in Detroit on Tuesday as the German government stepped up pressure on the automaker to clarify its long-term plans for its European Opel operations.
IBM reiterates profit outlook
International Business Machines Corp on Tuesday repeated that it expects to earn at least $9.70 a share this year.
IBM reiterates 2009, 2010 profit outlook
International Business Machines Corp on Tuesday repeated that it expects to earn at least $9.70 a share this year.
EU opens in-depth probe into Oracle, Sun deal
European Union antitrust regulators launched an in-depth probe on Thursday into Oracle Corp's $7 billion takeover of Sun Microsystems Inc on concerns the deal could dent competition in the database market.
Second quarter server sales plunge-IDC
Global computer server sales in the second quarter continued to plunge to levels not seen in years, research firm IDC said on Tuesday, but signs of stability are appearing in a segment that analysts call a bellwether for the IT industry.
Gmail suffers widespread outrages
A majority of Google mail users were unable to access the service Tuesday afternoon, in a rare widespread outage of the popular Gmail service.
Google mail suffers widespread outage
A majority of Google mail users were unable to access the service on Tuesday afternoon, in a rare widespread outage of the popular Gmail service.
Lenovo eyes Shanghai listing, profit by March
Lenovo, the world's No. 4 PC brand, says it plans to list on the Shanghai stock exchange when rules permit, opening an opportunity for the firm in one of the world's best performing stock markets.
Business Books: Author sees future for cloud companies
Twenty years ago, the idea that technology would be at the center of business was still part of the future. Computers were just starting to land on desks as fledgling companies like Microsoft Corp and Apple Inc said their products would change the way we work.
IBM, Indian outsourcers win services deal from BP
IBM and India's top three outsourcing firms have each won five-year IT services contract from oil and gas major BP Plc, the firms said on Wednesday, amid hopes of a revival in technology spending.
UPDATE 1-IBM, Indian outsourcers win services deal from BP
IBM (IBM.N) and India's top three outsourcing firms have each won five-year IT services contract from oil and gas major BP Plc (BP.L), the firms said on Wednesday, amid hopes of a revival in technology spending. Neither IBM nor the Indian firms, Tata Consultancy Services (TCS.BO), Infosys Technologies (INFY.BO) (INFY.O) and Wipro (WIPR.BO) (WIT.N), disclosed financial details of the contract.
IBM says awarded five-year contract by BP
IBM (IBM.N) has been awarded a five-year application services contract by oil and gas firm BP (BP.L), the U.S. technology major said in a statement on Wednesday.
Stock futures signal losses; housing data eyed
Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500 down 0.12 percent, Dow Jones futures down 0.39 percent and Nasdaq 100 futures down 0.42 percent at 0730 GMT.
Fujitsu quadruples forecast, unloads Fanuc shares
Fujitsu Ltd , Japan's biggest IT services firm, nearly quadrupled its annual net profit forecast after it unloaded shares in industrial robot maker Fanuc Ltd for 89 billion yen ($945 million), parrying speculation that it needs to raise capital.
HP could prune outsourcing services: sources
Hewlett-Packard Co is considering selling or shutting parts of its outsourcing business to focus on the higher-margin areas of its technology services offering, people familiar with the matter said.
IBM uses DNA to make next-gen microchips
International Business Machines Corp is looking to the building blocks of our bodies -- DNA -- to be the structure of next-generation microchips.
Lenovo Q1 beats expectations on China strength
The world's No. 4 PC brand, Lenovo , reported a smaller-than-expected first-quarter loss on Thursday, thanks to China's massive stimulus package and further boosting hopes of a rebound.
IBM, SPSS entered into $1.2 billion merger agreement
IBM entered into a definitive merger agreement with a publicly-held company SPSS Inc. in an all cash transaction of $1.2 billion.
IBM to buy analytics company for $1.2 billion
IBM plans to buy business analytics company SPSS Inc for $1.2 billion in cash to better compete with Oracle Corp and SAP AG in the growing field of business intelligence.
Daily Wrap Up - Tech July 28
The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson received the blessing of Canadian and U.S. courts on Tuesday, with a U.S. bankruptcy judge praising the bidding process.
Microsoft Financial and Data Profile
Microsoft issued poor fourth-quarter earnings with profit plunging 29 percent, its first decline in full-year revenue in the company's 34-year history.


