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Stock Market & Financial Investment News

News Breaks
February 7, 2013
05:03 EDTIBMIBM awarded $69.5M contract for continued support of IESO to operate MDM/R
IBM announced that it has been selected to continue supporting the Independent Electricity System Operator, or IESO, to operate Ontario's Meter Data Management and Repository, or MDM/R, system with new computing infrastructure and an updated operating environment. The 5-year $68.5M contract was awarded following a competitive procurement process and includes options to extend to 7 or 10 years. Under the agreement, IBM will enhance the overall performance of the MDM/R through new computing infrastructure, enhanced web services facility to support increasing volumes of requests for consumption information, enhanced disaster recovery capabilities, and operational improvements with a focus on reducing risk and costs.
News For IBM From The Last 14 Days
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February 10, 2016
15:41 EDTIBMIBM heads lower, may test 52-week low
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February 9, 2016
08:08 EDTIBMIBM Consolidated selected by Edison companies as provider
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February 5, 2016
06:23 EDTIBM20 companies make alliance to keep down healthcare costs, WSJ says
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February 3, 2016
09:15 EDTIBMIBM acquiring German digital agency exc.io
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February 2, 2016
06:09 EDTIBMIBM agrees to acquire Aperto, terms not disclosed
IBM announced it has signed a definitive agreement to acquire Aperto, a digital agency with headquarters in Berlin. Upon completion of this transaction, Aperto will to join the IBM Interactive Experience team, supporting IBM's growth in the largest economy in Europe. Aperto's 300-plus employees will continue to serve its roster of clients. The transaction is expected to close in Q1 and is subject to applicable regulatory review and customary closing conditions. Financial details were not disclosed.

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