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IBM and the World Bank first introduced financial swaps to the public in 1981, when they entered into a swap agreement. [35] IBM entered the microcomputer market in the 1980s with the IBM Personal Computer (IBM 5150), which soon became known as the PC, one of IBM's best selling products.
IBM plans to migrate its Chinese R&D functions to offices elsewhere, the Wall Street Journal reports citing Jack Hergenrother, a company vice president. The company is also looking for more ...
None of the first several entrants (including IBM, who invented the HDD) continue in the industry today. Only three manufacturers have survived—Seagate, Toshiba and Western Digital (WD)—all of which grew at least in part through mergers and acquisitions. [1]
The roots of today's IBM Research began with the 1945 opening of the Watson Scientific Computing Laboratory at Columbia University. [4] This was the first IBM laboratory devoted to pure science and later expanded into additional IBM Research locations in Westchester County, New York, starting in the 1950s, [5] [6] including the Thomas J. Watson Research Center in 1961.
Assuming IBM matches Wall Street's expectations, grows its EPS at a CAGR of 7% from 2026 to 2036, and still trades at 20 times forward earnings, its stock might rise about 80% and boost its market ...
International Business Machines (NYSE: IBM) stock is losing ground Thursday on the heels of the company's recent third-quarter report. Big Blue's share price was down 6.6% as of 1:45 p.m. ET.
As part of the 2016 spin-off, the consortium entered into a long-term licensing agreement with IBM for use of its weather data and "The Weather Channel" name and branding. [ 5 ] [ 6 ] [ 7 ] In August 2023, IBM agreed to sell The Weather Company to private equity firm Francisco Partners for an undisclosed sum.
IBM will still retain its sustainability software business, including the Environmental Intelligence Suite. The Armonk, New York-based tech company said it also plans to still use The Weather ...