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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 ...
IBM's fourth quarter earnings saw revenue rise 4% and earnings per share of $3.87, above Wall Street's expectations. ... and the stock finished Thursday up over 9% for its best day in nearly four ...
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, [6] is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries. [7] [8] It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average.
IBM's Global Technology Services unit, its biggest business by revenue that includes infrastructure, cloud and technology support services, reported a 6.7% drop in revenue to $6.84 billion ...
Companies have prioritized spending on longer-term consulting projects centered on their AI businesses - revenue from which is yet to be reflected in IBM's books. IBM reported revenue of $15.77 ...
In 1928, IBM launched the Suggestion Plan program, [35] providing cash rewards to employees for valuable ideas aimed at improving IBM products and procedures. Over a span of 70 years, IBM and its predecessor companies specialized in manufacturing clocks and other time recording products, [36] [37] culminating in the 1958 sale of the IBM Time ...
"We had our strongest signings quarter to finish out the year in a long period of time, where we signed roughly $16 billion worth of signings - that's up 21 percent," Chief Financial Officer James ...
Revenue (USD billions) Employees Headquarters 1 Cargill: Food industry 177 160,000 Minnetonka, Minnesota: 2 Koch Industries: Conglomerate 125 120,000 Wichita, Kansas: 3 Publix Super Markets: Retail 54.5 250,000 Lakeland, Florida 4 Mars, Incorporated: Food industry 47 140,000 McLean, Virginia: 5 H-E-B: Retail 43.6 145,000 San Antonio, Texas: 6 ...