Posts tagged “IBM”
Alliance at IBM, which is seeking to represent Big Blue employees, on Thursday issued a statement in which it warned current IBMers who will transition to Lenovo as part of the $2.3 billion x86 server transaction, about layoffs. it claimed big layoffs were part of the initial IBM-Lenovo PC deal in 2005. A senior Lenovo executive and a former IBMer involved in that deal says the union's claim is "not true."
Lenovo and IBM issue statements confirming that the U.S. government has approved the company's $2.3 billion acquisition of IBM's x86 server business. The OK is a big step toward making 2,000 IBMers in RTP employees of Lenovo.
Lenovo reports an 18 percent annual increase in quarterly earnings for the period ending June 30. And Yang Yuanqing, its top executive, sees "even more opportunity to grow rapidly." However, the firm's acquisitions of IBM's x86 server business based in RTP and Google's Motorola Mobility are still under review, Yang says.
For the second time in two weeks, IBM is making an acquisition to expand its cloud security and identity and access management suite. The latest deal is for Lighthouse Security Group's Gateway platform and business operations.
Analysis: Technology Business Research believes IBM's acquisition of CrossIdeas will drive more customers to evaluate IBM's range of identity and access management products. But Big Blue still faces challenges in that growing tech sector.
IBM has bought an Italy-based software firm that focuses on control of users' access to enterprise networks and in "cloud" computing environment. The deal follows IBM's new partnership with Apple to deploy Apple mobile devices and to work on applications.
Chairman and CEO Yang Yuanqing hails results for Lenovo after research reports in PC, smartphone and table markets show continued sales growth. And Yang expects even more in months still to come as his "PC-Plus" strategy sweeps forward.
Analysis: IBM took a major step to commercialize its Watson cognitive computing technologies by teaming with USAA, a financial services provider for members of the U.S. military and their families. Stephen Belanger of Technology Business Research explains.
If Lenovo has a "parent" in its rise as a global technology powerhouse, it's IBM. After all, Big Blue's sale of its PC division to Lenovo in 2005 took the China-born company international. Now, Lenovo is trying to buy IBM's x86 server business and Google's Motorola Mobility to accelerate growth in servers and smartphones. So what does IBM do as Lenovo grows as a threat to Apple? The Skinny talks with an analyst about IBM's big deal with Apple. Is it a slap in the face to Lenovo? By the way, BlackBerry already is caught up in fallout from the deal.
Analysis: Both companies benefit; Apple increases its business presence, at the expense of Android, Windows and Blackberry, and IBM extends the utility of its analytics solutions and gains from sales of management and security solutions for iPhones and iPads. Neither company gives up anything.
Bitter enemies in the past, Apple and IBM on Tuesday disclosed they are teaming up to sell more iPads and iPhones to corporate clients with IBM developing apps and providing services geared to enterprise customers.
IBM is joining a public-private sector consortium targeting semiconductor research and production in the state of New York. It's the second largest commitment to chips IBM has made in the past two weeks even as rumors continue to swirl that Big Blue is trying to sell its big chip complex in East Fishkill, N.Y.
Researchers at Cloud Pharmaceuticals said Monday that they have been granted 1 million hours of use on the IBM Blue Gene/Q Supercomputer for computational drug design and discovery to target orphan diseases including Malaria at Argonne National Laboratory.
A ministry in the Chinese government has granted its OK for the proposed $2.3 billion Lenovo-IBM x86 server deal. U.S. regulators are still examining the sale, which was announced in January and would affect 2,000 IBM workers in RTP.
For the second time this year, IBM faces a rebellion by workers. This time, the strike is taking place in France where IBMers are protesting job cuts that they say "have deeply damaged working conditions." IBM's proposed x86 server sale to Lenovo triggered a March strike in China. But don't hold your breath that a walkout might occur in the U.S.