Coca-Cola and IBM remain most valuable global brands
Google, Facebook and Twitter might be making headlines on the web but in real world Coca-Cola and IBM are the most valuable brands.
Interbrand reported that the combine value of the world’s top 100 brands has fallen for the first time in the last 10 years.
Interbrand [...]
IBM acquiring SPSS for USD 1.2 billion
US based tech giant IBM has announced that they are acquiring SPSS through a deal worth around USD 1.2 billion.
The price tag of the deal puts the value of SPSS at a premium of around 42% at their current share prices.
Market analysts believe that this is an excellent purchase [...]
IBM establishes an innovation center in Vietnam
IBM has announced that they have now setup their first “innovation center” in Vietnam.
The company is now working with leading Vietnamese universities for this center.
IBM Innovation Center has been established in Ho Chi Minh City. IBM said that this new center would develop “new technologies to support demand for [...]
IBM acquire assets of Exeros
US based IT giant IBM has announced that they are now acquiring data discovery software assets of Exeros.
They would be using the tools gained through this acquisition to expand their business analytics services.
IBM said that they would be integrating Exeros services with their Information Management Software range.
IBM’s Information [...]
IBM and Sun said to have stopped their discussions
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IBM has been in talks with Sun Microsystems for weeks as per market reports.
The two companies have been discussing a potential acquisition deal.
The latest report [...]
IBM – Sun Microsystems announcement can come on April 6
IBM is said to be in talks with Sun Microsystems over a possible acquisition deal.
Market sources now say that an announcement can come as early as April 6.
IBM is said to be interested in paying between $9 and $10 a share for Sun.
This [...]
Sun Microsystems announces more job cuts
Sun Microsystems has announced more job cuts in their global organization.
The company announced that they are going to cut around 1500 jobs.
This would be part of their restructuring plan announced a few months ago.
Some of these jobs would be cut in their direct sales and professional services [...]
IBM might be interested in Satyam
Economic Times has reported that IBM is one of the eight bidders for the Indian IT giant Satyam.
Private equity firm Apax Partners is said to be another party involved in the bidding process.
Larsen & Toubro, Tech Mahindra and Spice Group are other parties mentioned in the report.
IBM has [...]
IBM might cut 5000 jobs in the US
Inside sources say that International Business Machines would soon announce a major job cut.
The company might cut as many as 5000 jobs and most of these cuts are likely to take place in their US operations.
IBM has already cut around 4000 jobs since January.
Alliance [...]
Alliance@IBM claims IBM is cutting jobs
Alliance@IBM has stated that the US based tech giant IBM is in the process of cutting more than 2,800 jobs.
The report said that the company is eliminating 1,419 jobs in its software division and 1,449 jobs in sales and distribution.
It further said that more job cuts are expected [...]
