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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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October 5, 2015
09:36 EDTIBMIBM agrees to acquire Cleversafe
IBM announced it has entered into a definitive agreement to acquire Cleversafe, a developer and manufacturer of object-based storage software and appliances. The acquisition aims to strengthen IBM's leadership positions in storage and hybrid cloud and support clients' drive to next generation mobile, social and analytics applications. Financial terms of the deal were not disclosed. Once the deal closes, IBM will integrate the Cleversafe portfolio into its IBM Cloud business unit to give clients strategic data flexibility, simplified management, and consistency with on-premise, cloud, and hybrid cloud deployment options.
07:19 EDTIBMOpen Mobile Media to hold a summit
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October 2, 2015
09:38 EDTIBMIBM set to test 52-week low
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September 30, 2015
13:17 EDTIBMIBM, Box announce four solutions under strategic partnership.
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11:29 EDTIBMAnalyst says key tech trend positive for EMC, negative for IBM
The adoption of platform-as-a-service will accelerate, creating more positive opportunities for EMC (EMC) and posing challenges for IBM (IBM), research firm Jefferies wrote in a note to investors today. WHAT'S NEW: The growth of PaaS will accelerate because the technology enables faster and cheaper development of apps, while the proliferation of mobile apps and the increased digitization of businesses will lead to greater adoption, Jefferies analyst James Kisner stated. PaaS usage will "explode" as companies leverage apps, becoming software makers in some ways, predicted Kisner, who noted that tech research firm IDC expects the number of apps to jump 1000% in three years. EMC's Pivotal business, which enables enterprises to analyze data produced by cloud infrastructure, could be significant as app usage surges, according to Kisner. Conversely, 50% of IBM's profits are generated by middleware that "is likely to be somewhat cannibalized by PaaS," the analyst believes. The Street's revenue estimates for IBM, which call for a decline of 2% in 2016 and little change in 2017, are overly optimistic, according to Kisner, who kept a Buy rating on EMC and an Underperform rating on IBM. PRICE ACTION: In morning trading, EMC rose 2.6% to $23.74 and IBM advanced 2% to $145.34.
09:25 EDTIBMJefferies more positive on EMC, more negative on IBM
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08:03 EDTIBMWest Pharmaceutical appoints Annette Favorite to Chief Human Resources Officer
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September 29, 2015
13:32 EDTIBMIBM to create 120 positions across Ireland, Independent says
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September 28, 2015
16:05 EDTIBMIBM annnounces plans to buy Workday services partner Meteorix
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05:30 EDTIBMIBM expands portfolio of cloud business solutions
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September 27, 2015
14:04 EDTIBMCybersecurity firms look prime for takeover, Barron's says
Cybersecurity companies like Palo Alto Networks (PANW), Fortinet (FTNT), and FireEye (FEYE) are becoming increasingly-attractive takeover targets for a Cisco (CSCO) or IBM (IBM), and any future dip in their stocks could represent a buying opportunity, Barron's contends in its 'Technology Trader' column. Reference Link
September 24, 2015
06:16 EDTIBMIBM to open second Watson headquarters in San Francisco
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September 23, 2015
09:18 EDTIBMPaulson Institute and CCPIT to co-host U.S.-China Business Roundtable
The Paulson Institute and the China Council for the Promotion of International Trade (CCPIT) provide an opportunity for U.S. and Chinese business leaders to discuss issues facing the two countries in a roundtable being held in Seattle, Washington on September 23.

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