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GlobalFoundries, which is majority owned by Abu Dhabi's sovereign wealth fund Mubadala, separately sued Armonk, New York-based IBM in New York federal court in 2023 for allegedly misappropriating ...
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SoftLayer Technologies, Inc. (now IBM Cloud) was a dedicated server, managed hosting, and cloud computing provider, founded in 2005 and acquired by IBM in 2013. SoftLayer initially specialized in hosting workloads for gaming companies and startups, but shifted focus to enterprise workloads after its acquisition.
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Price Action: IBM stock is down 0.11% at $195.89 premarket at the last check Monday. Also Read: IBM-Backed Japanese Startup Rapidus To Begin Test Production Of 2-Nanometer Semiconductors In April ...
The cloud service provider needs to establish clear and relevant policies that describe how the data of each cloud user will be accessed and used. [13] Cloud service users can encrypt data that is processed or stored within the cloud to prevent unauthorized access. [12] [13] Cryptographic encryption mechanisms are certainly the best options. In ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
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