Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for $US2.3 billion.
IBM has revived efforts to sell its low-end server business and Dell, Fujitsu and Lenovo are all lining up to take a look, according to reports this week.
Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income.
Dispelling any lingering doubt that IBM sees cloud computing as the way of the future, the company announced that it will invest US$1.2 billion this year in expanding its global cloud infrastructure.
As IBM accelerates its sixth-generation X Series servers with memory-channel flash storage, it's also offering to boost data-center performance with a new all-flash SAN array.
The next generation of IBM's X-series servers will be able to accommodate solid-state Flash drives clipped into their DIMM memory slots, potentially improving the response times of fast-paced enterprise applications.
While many software vendors run software license audits on customers, there are some key differences customers should be mindful of when it comes to IBM, according to a new report from advisory firm Miro Consulting.
After a year in which tech stocks boomed but overall IT spending barely eked out single-digit growth, market forecasters are adopting an air of cautious optimism for 2014.
IBM sees cognitive computing as the new frontier of computing and is positioning its Watson architecture as the way forward in this new landscape, for both the company and its customers.
IBM continues to commercialize its Watson-branded cognitive computing technology, setting up a new Watson business unit and unveiling two new Watson-derived services.
Oracle is buying Corente, maker of SDN (software-defined networking) technology for WANs (wide area networks), in a strike against competitors such as Cisco and IBM. Terms of the deal, which is expected to close early this year, weren't disclosed on ...
IBM has reached into its software portfolio to provide a more sophisticated scheduler for the OpenStack deployments it builds for its customers.
Continuing to bulk up on its cloud software portfolio, IBM is acquiring Aspera, a company with an Emmy-award-winning, high-speed bulk data transfer protocol.
More than two decades ago, neural networks were widely seen as the next generation of computing, one that would finally allow computers to think for themselves.
A pension investment group has sued IBM, claiming that the company failed to warn investors that sales in China would slow dramatically following revelations that IBM was helping the U.S. National Security Agency spy on the Chinese.
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