The latest news from IBM (NYSE: IBM):

• IBM and Fordham are setting up a joint research center called “The “Center for Digital Transformation,” according to Crain’s New York Business.

“We are targeting significant growth not only for ourselves but for our companies in the ecosystem,” said Kevin Faughnan, IBM academic initiative director. “The availability of talent is something that is of a concern to executives, and that translates into the ability for people to understand information technology.”

Fordham is also adding two master’s degrees: a Masters of Science in analytics and a Master of Science in market intelligence, the newspaper says.

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• IBM adds analytics, cloud, virtualization products, according to eWeek Europe.

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• IBM completes acquisition of Algorithmics.

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