International Business Machines Corporation IBM is benefiting from healthy traction in the Software segment. In the third quarter, the company reported revenues of $7.21 billion, up from $6.52 billion ...
This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...
IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...
Louis Gerstner, the former chief executive officer credited with saving IBM Corp. from bankruptcy, has died aged 83, the ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand ...
Inside IBM’s main research center rises a maze of silver towers, each 22 feet tall. Through their vented flanks, you catch glimpses of blinking lights and the shadows of wires. The machine’s ...
The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.
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