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January 26, 2024
IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session. IBM's Financials Revenues for the quarter grew 4% to $17.4 billion, surpassing Street's estimates of $17.3 billion. Adjusted earnings of $3.87 per share were significantly ahead of the analyst estimates of $3.79. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 3% to $7.5 billion, f...
December 19, 2023
IBM announced on Monday its plans to buy Software AG's StreamSets and webMethods platforms for $2.3 billion cash in a move aimed at bolstering the tech…
December 19, 2023
Tech giant IBM bolstering its investments in artificial intelligence, announcing Monday it plans to buy two units of Software AG for $2.33 billion cash.
December 19, 2023
AI Roundup: The Government of India has begun preparing regulations for AI. IBM has announced plans to buy AI platforms worth 2.3 billion dollars to bolster its AI offerings.
December 19, 2023
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
December 18, 2023
IBM buys Software AG’s iPaaS in cash
December 18, 2023
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
December 18, 2023
Deal Accelerates watsonx Data Ingestion Capabilities; Creates a Leading Application Modernization and Integration Platform
December 18, 2023
IBM has announced its agreement with Software AG, majority-owned by Silver Lake, for the acquisition of StreamSets and webMethods,
December 18, 2023
International Business Machines Corp (NYSE: IBM) penned a definitive deal with Software AG (OTC: SWDAF) to acquire StreamSets and webMethods for