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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 ...
Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2023. [1] All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [2] unless otherwise specified.
IBM's recent stock performance has been disappointing. Big Blue delivered a negative 3% return in the past 12 months. A huge name in the tech world, IBM is famous not only for having a presence in ...
IBM also provides Cloud Data Encryption Services (ICDES), using cryptographic splitting to secure customer data. [150] In May 2022, IBM announced the company had signed a multi-year Strategic Collaboration Agreement with Amazon Web Services to make a wide variety of IBM software available as a service on AWS Marketplace. Additionally, the deal ...
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 ...
IBM is the original information-technology company. Its roots date back to the late 1800s, and IBM has undergone many successful strategic transitions throughout its life, from a purveyor of early ...
International Business Machines Corporation (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
By Blake Brittain (Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer ...