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The stock's 52-week high is $18.23. IBM's shares are up about 0.8% at $201.12 in a 52-week range of $181.85 to $215.90. Filed under: 24/7 Wall St. Wire, Business Services, Jobs, Services ...
In June 2011, IBM won the sole-source contract to set up the system, using PeopleSoft software, the original contract was for $5.7 million, but IBM was eventually paid $185 million. [12] According to The New York Times , Oracle Corporation 's PeopleSoft software system was "widely used by corporations and institutions to manage operations ...
IBM will pay GlobalFoundries $1.5 billion over 3 years to take over the business. [225] December 2014 – UNICOM Global acquires IBM Rational Focal Point and IBM Rational Purify Plus. [226] January 2015 – IBM sells Algorithmics Collateral to SmartStream Technologies [227] December 2015 – UNICOM Global acquires IBM Rational System Architect ...
The then CEO Frank Moss saw the company listed on NASDAQ in March 1995 [6] and the subsequent merger into IBM in 1996. [7] At the start of 2002, Tivoli Systems Inc, became Tivoli Software, a brand within IBM. [8] IBM initially grew the software portfolio under the Tivoli brand through development and acquisition.
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Almost 78,000 Queensland Health staff received inaccurate pay, or no pay at all, for a number of months due to serious system defects. These defects, delays and other issues resulted in the total end-of-project cost being $181 million, with an estimated ongoing cost to repair, maintain and operate the system of around $1.2 billion over eight years.
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...