IBM offers $745 million for Telelogic
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InfoWorld - IBM has offered to buy Telelogic, a Swedish developer of software development tools, in a cash deal valued at 5.2 billion Swedish krona, or about $745 million, the companies announced Monday.
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The Dutch navigation systems company said it plans to make a cash offer of 21.25 euro per share for digital map supplier Tele Atlas, valuing the company at 2 billion euros ($2.76 billion).
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InfoWorld - Lenovo Group has signed a five-year deal with IBM&#160;to provide services and support to its customers. The deal, outlined in a filing with the Hong Kong stock exchange Tuesday, could be worth up to $245 million for IBM over the term of the contract.
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Big Blue will spend $745 million for Swedish company, whose products are used to design, write and test complex software.
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International Business Machines Corp. said Monday it will provide voice and data services to British financial-services company Lloyds TSB Group PLC for seven years in a deal worth $971.6 million.
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IBM &lt;IBM.N&gt; and Lehman Brothers &lt;LEH.N&gt; have agreed to pay nearly US$17 million for 7.7 percent of Kingdee International Software Group Ltd. &lt;0268.HK&gt;, aiming to establish an alliance under which Big Blue will help the Chinese software firm re-design its...
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Airespace, a Silicon Valley telecom services start-up, won a partnership with International Business Machines Corp. (IBM.N: Quote, Profile, Research) that will help Airespace
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IBM has won a $972 million, seven-year services contract to help move U.K. bank Lloyds TBS to a converged voice and data network that improves connectivity for more than 2,000 national branches and 4,200 ATMs.
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By BRIAN BERGSTEIN BOSTON - IBM Corp. disclosed Tuesday that it is taking on $11.5 billion in new debt to finance the aggressive accelerations of its stock repurchase plan, which appears to be one of the largest such steps ever.
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(InfoWorld) - IBM is looking to better meet the needs of wireless service providers with its planned purchase of network performance monitoring and service management software vendor Vallent. IBM announced Tuesday its intention to purchase privately held Vallent for an undisclosed sum. The vendor hopes to close the deal, subject to regulatory approval, in the first quarter of calendar 2007. At that point, IBM will fold Vallent into its Tivoli Software systems management business unit. Vallent's 200-plus customers includes Bharti Airtel in India, Brasil Telecom, China Mobile CommunicationsÂ and Cingular Wireless as well as mobile equipment providers like Alcatel, Lucent Technologies, and Motorola. The company with headquarters in Bellevue, Washington, employs over 400 staff. IBM plans to add Vallent's software to the Netcool products it gained through the $865 millionÂ acquisition of network management software vendor Micromuse, which closed in February. Bringing the offerings together will better position IBM to provide software to help mobile service providers manage their increasingly complex networks as they converge fixed-line and mobile infrastructure. IBM said there's minimal product overlap between Vallent's products and its existing Tivoli software. The vendor is particularly interested in Vallent's abilities to manage wireless radio access networks, which it expects to mesh well with Netcool's management of wireless infrastructure and Internet Protocol-based services. Â
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million) share buyback that is part of a three-year plan to increase the value of its stock.
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IBMÂ is looking to add real-time capabilities to its data integration software by buying Canadian firm DataMirrorÂ for about C$170 million(US$162.3 million).
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IBM has signed a seven-year, &#36;969.2 million contract with British bank Lloyds TSB to supply it with Internet telephony and data services, IBM said on Monday.
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International Business Machines Corp. on Thursday agreed to buy MRO Software Inc. for $740 million, giving IBM a niche provider of software and services to help customers including nuclear power plants and oil companies make the most efficient use of industrial assets.
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IBM's personal computer business racked up $965 million in losses between Jan. 1, 2001, and June 30, 2004, the company said last week in a filing to the U.S. Securities and Exchange Commission, detailing the planned sale of the business to China's Lenovo Group.
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IBM (NYSE: IBM) today announced that it repurchased $12.5 billion of its  outstanding common stock through accelerated share repurchase agreements.
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InfoWorld - IBM&#160;is looking to add real-time capabilities to its data integration software by buying Canadian firm DataMirror&#160;for about C$170 million(US$162.3 million).