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April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
Research has been part of IBM since its founding, and its organized efforts trace their roots back to 1945, when the Watson Scientific Computing Laboratory was founded at Columbia University in New York City, converting a renovated fraternity house on Manhattan's West Side into IBM's first laboratory. Now, IBM Research constitutes the largest ...
At this time, the company was sometimes known as "Service-now". [5] By April 2011, the company had named Frank Slootman as chief executive officer. [7] In June 2012, ServiceNow became a publicly traded company following a US$210 million IPO. Shortly thereafter, the company relocated its headquarters from San Diego to Santa Clara, California. [4]
After first announcing its intention to acquire Ireland-based big data solutions provider The Now Factory a mere four weeks ago, IBM issued a statement today confirming it has completed the deal.
In 1998, IBM merged the enterprise-oriented Personal Systems Group of the IBM PC Co. into IBM's own Global Services personal computer consulting and customer service division. The resulting merged business units then became known simply as IBM Personal Systems Group. [11]
The popular A.I. open-source platform Hugging Face was already a unicorn in 2022, but the company just keeps drawing in major funding.
[1] [2] [3] The company was founded by DeWitt Wallace and his wife Lila Bell Wallace, in New York City in 1922 with the publication of the magazine Reader's Digest. [ 4 ] [ 5 ] [ 6 ] The company's brands include Reader's Digest , Taste of Home , The Family Handyman , FailArmy , Birds & Blooms , Reminisce , Country , EnrichU, and others.
“The only thing we can do is embrace change,” Lexie Komisar, IBM’s Global Head of Strategic Partnerships & Startup Ecosystems, told Yahoo Finance. “How can we use technology as a catalyzer ...