The European Union's competition watchdog has decided to end its antitrust investigation of International Business Machines (IBM) after accepting a series of concessions by IBM, according to reports. IBM agreed to provide spare parts and technical information to other companies that will make it easier for the competition to perform mainframe hardware and software maintenance.
Tis the season to shop around, and while you're out there buying gifts, sometimes you have to splurge on yourself. That's what IBM is doing, which announced that it has entered into a definitive agreement to acquire DemandTec, a cloud-based analytics company, for around $440 million in an all-cash transaction. IBM is hoping the acquisition will extend its Smarter Commerce initiative by adding cloud-based price, promotion, and other merchandising and marketing analytics to its portfolio.
There are a lot of companies that wouldn't mind trading places with IBM right now. Big Blue's numbers moved in the right direction in the third quarter of 2011, with diluted earnings per share spiking 13 percent to $3.19, revenue jumping 8 percent to $26.2 billion, and net income up 7 percent to $3.8 billion. So why is Wall Street being so skittish?
A super group of five tech giants led by Intel and IBM will invest $4.4 billion over the next five years developing the next generation of computer chip technology in New York. This joint investment is expected to create nearly 7,000 jobs and retain thousands more, New York Governor Andrew M. Cuomo announced. The rest of the fab five include Globalfoundries, Taiwan Semiconductor Manufacturing Company (TSMC), and Samsung.
Walk past an IBM board room and you might hear cries of "Huzzah!" Big Blue has reason to celebrate as it just became the second highest valued technology company in the world. IBM had to step over Microsoft to claim the No. 2 spot, something it hasn't been able to do for the past 15 years.
You're free to hate both the player and the game when it comes to patent litigation, but one thing you can't do is sit on the sidelines and hope the competition plays out fairly. Google knows this, hence the mad rush to shore up its Android defense by stuffing its patent portfolio to the brim. First came the Motorola acquisition, and now Google went and cut a check to IBM in exchange for over 1,000 patents.
Beating the pants off of the best humanity has to offer and having Alex Trebeck smarmily inform you “That’s ‘The pen is mightier, Watson,’” is a great way to kick off your sentience, but life’s not all fun and games – even if you’re a Jeopardy-conquering robot. IBM’s finally told Watson to get off its lazy ass and find a job, and it (He?) did. Starting next year, Watson will be suggesting “treatment options and diagnoses” to doctors working with Wellpoint health insurance. Move over, Sherlock; there’s a new Doctor Watson in town.
Intel generated a lot of press with the unveiling of their 3D, low-power Tri-Gate transistor technology. Now it's IBM’s turn to hop into the 3D waters. Today, the company announced that it’s entered into a joint partnership with 3M to develop 3D semiconductors. They’re going about things a little bit differently than Intel, though; rather than developing chips with raised elements, IBM and 3M want to create “bricks” out of up to 100 separate silicon chips in a process known as “3D packaging.”
Ken Jennings and Brad Rutter, two of Jeopardy's greatest winners of all-time, might consider unplugging their TV sets from September 12-14, 2011, the three days in which Jeopardy will broadcast an encore presentation of its first-ever man vs. machine competition featuring IBM's Watson supercomputer. If you happened to miss it the first time around -- or want to study Watson for signs of weakness just in case machines decide to rise against their makers -- clear your schedule or set your DVR.
The funny thing about hard drives is no matter how big they get, power users still find a way to fill them up. Remember when 1TB seemed big? A home theater enthusiast would consider that cute. But a 120 petabyte drive, well, even digital packrats would have trouble cramming that amount of data into a single container. Still, someone has found a use for such an obscene amount of storage and has contracted IBM to build it.