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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 ...
Papermaster interviewed again in October, and Apple offered him the position on October 10, 2008. Papermaster accepted, told IBM he planned to accept on October 13, 2008, and notified them of acceptance on October 20, 2008. IBM offered Papermaster a raise if he agreed to stay or one year's salary if he delayed starting at Apple for one year.
The team, working for IBM, developed Deep Blue, which defeated Garry Kasparov in a 1997 chess match. [13] Jim Simons offered to double Peter Brown's and Robert Mercer's IBM salaries, and they went to work for Renaissance Technologies in 1993. [14] Brown and Mercer were responsible for hiring David Magerman in 1995. [15]
The authors mentioned IBM, which cut 3,900 jobs early last year. The company said it would keep hiring in “higher growth” divisions.
(Reuters) - IBM said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of its pension plan obligations ...
From 2008 to 2009, the company expanded to 30 offices in Asia, Europe, the Middle East and North America. It took control of Quorum International Search Limited, and, in 2010, the Centre for High Performance Development and Salary.com. [3] [4] On August 27, 2012, it was announced that Kenexa had been acquired by IBM for $1.3 billion. [5]
The IBM System/7 was a computer system designed for industrial control, announced on October 28, 1970 [1] and first shipped in 1971. [2] It was a 16-bit machine and one of the first made by IBM to use novel semiconductor memory , instead of magnetic core memory conventional at that date.
By the end of 1994, IBM ceased new development of OS/2 software. IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo. [23]
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