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Apr 25, 2024 · IBM sells a wide variety of enterprise software in the areas of cybersecurity, automation, data analytics, artificial intelligence (AI), and transaction processing. The company's hybrid...
- Red Hat Inc.
- Cognos Inc.
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- The Bottom Line
Type of business: Open source softwareAcquisition price: Approximately $34 billionAcquisition date: July 9, 2019Type of business: Business intelligence and performance management softwareAcquisition price: $4.9 billionAcquisition date: Jan. 31, 2008Type of business: Cloud computing infrastructureAcquisition price: Financial terms undisclosed but estimated at $2 billionAcquisition date: July 8, 2013Type of business: Global management consulting and technology servicesAcquisition price: Approximately $3.5 billionAcquisition date: Oct. 2, 2002Type of business: Cloud-based healthcare data, analytics, and insightsAcquisition price: $2.6 billionAcquisition date: April 8, 2016Type of business: Artificial intelligence and information technology managementAcquisition price: Reportedly over $1.5 billionAcquisition date: June 17, 2021IBM proved it could be nimble when it moved from cheese slicers to punch cards. Once known primarily as a computer hardware maker, it has in recent years reinvented itself once again to focus on technology and business services, consulting services, cloud computing, and artificial intelligence.
Mar 1, 2022 · IBM progressed plenty of coalitions and acquisitions in the last decade. IBM has its tract in 20 countries and 25 different US states. Its substantial exchange was in 2014, peddled IBM’s x86 Server Business for $2.1B to Lenovo Group and the substantial acquisition transpired in 2018, Red Hat for $34.0B.
Mar 18, 2024 · IBM sells systems at competitive, lower-margin prices in order to spur higher-margin service and software sales. The ensuing cloud-centric software and consulting revenue, though, is...
Apr 25, 2024 · In a move that has broad implications for the cloud infrastructure technology market, IBM announced on its earnings call on April 24 th that it is buying cloud technology firm HashiCorp for $35 a...
Oct 9, 2020 · International Business Machines (IBM) has announced it will split into two public companies. The move is an attempt to shift its focus to higher-margin businesses like cloud computing and...
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Jun 7, 2022 · At the end of 2021, IBM sold off its managed infrastructure services unit Kyndryl for $19bn (£15bn), a move that contributed to the company’s refreshed marketing strategy. “Following that spin and with that new focus, we’re a very different IBM than we were a year ago,” says Adashek.
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related to: what does ibm sell to the publicUsing their trading system, Zack's experts give you their prediction for IBM in free RPT. Free report pulls back the curtain on what's happening with IBM. Grab your free copy.