IBM sales exec John Swainson to become CA CEO
128326
Computer Associates is set to name IBM sales executive John Swainson as its new CEO, completing a long search to replace indicted former CEO Sanjay Kumar, industry sources said.
39508
Computer Associates getting IBM veteran John Swainson as CEO - a move generally considered nothing less than brilliant - makes other ex-IBMers wonder how John managed to dodge the IBM border patrol and escape outside of a body bag.
521387
After days of speculation, computer services giant IBM Corp. announced Wednesday a US$1.75-billion deal to sell its PC business to Asia&#39;s largest computer maker.
320136
By MARTHA McKAY, The Record, Hackensack, N.J.  Dec. 10--Carmine Cacciavillani won the business equivalent of a  mega-bucks lottery a few weeks back.   He sold his company -- Palisades Technology Partners -- to mega-giant  IBM.
439413
Computer Associates International Inc. (CA.N: Quote, Profile, Research) is set to name IBM sales executive John Swainson as chief executive, completing a long search to replace indicted
361033
IBM announced it is teaming with Cal State at Los Angeles and San Jose  State University to advance the company's  innovative "Transition to Teaching"  program, which helps IBM employees begin teaching as a second career.
473946
InfoWorld - CA&#39;s move to focus all its product names around a single &quot;CA&quot; master brand and a clear product descriptor is being driven by the company&#39;s ongoing strategy to more tightly integrate its software, according to a CA executive.
341074
IBM executives looking for a buyer for their company&#39;s PC business most likely did not spend time in Round Rock, Texas. Speaking at a press conference at OpenWorld on Tuesday, Dell founder and Chief Executive
136706
IBM said late Tuesday that it will sell its personal computer division, transferring an iconic brand to a Chinese rival that also will absorb about 2,000 local workers.
659063
(InfoWorld) - IBM's chairman, CEO and president, Sam Palmisano, declared the vendor's second-quarter fiscal 2007 financial results the company's best growth performance in six years. This quarter's strong revenue growth -- "our best since 2001" -- shows IBM's global reach and the value customers are placing on the company's expanded software line and services, he said in a statement. Palmisano added that IBM is well on its way to achieving its goals for growth through 2010, making "solid progress" on its road map for the next three years. For the second quarter of fiscal 2007, which ended June 30, IBM reported a rise in net income of 11.8 percent over the year-ago quarter to $2.3 billion on revenue up 9 percent to $23.8 billion. EPS (earnings per share) grew 19 percent to $1.55, compared to the same quarter a year ago. The results included a pre-tax gain of $81 million related to IBM's sale of its printing systems division to Ricoh. Excluding that gain, income from continuing operations was $2.2 billion, up 8 percent on the second quarter of fiscal 2006. A consensus estimate of Thomson Financial analysts, which didn't include the pre-tax gain, was that IBM would report revenue of $23.1 billion on an EPS of $1.47. IBM's revenue from the Americas rebounded during the quarter to grow 6 percent on the year-ago quarter to $10.1 billion, while revenue from Europe, the Middle East, and Africa rose 13 percent to $8.2 billion and Asia-Pacific revenue was up 10 percent to $4.6 billion. Back in April, when discussing IBM's first-quarter results, Mark Loughridge, the company's CFO, identified a slowdown in the vendor's U.S. enterprise business, particularly in the industrial, financial services, and communications sectors, in March. He didn't provide a satisfactory answer as to why the slowdown had occurred but dismissed it as more of a blip than an indicator that something serious was wrong. Loughridge predicted modest growth for IBM's overall Americas business in the second quarter. There was also good news in the most recent quarterly report about IBM's services business, which, though large, has been a stumbling block in terms of growth. Total global services revenue rose 10 percent in the second quarter, led by growth in Asia-Pacific. IBM cut costs by making two rounds ofÂ job cutsÂ in its services divisionÂ in May, affecting more than 2,800 employees. IBM's systems and technology division saw revenue growth of just 2 percent to reach $5.1 billion, while the vendor's software business increased revenue by 13 percent to $4.8 billion. Significant events for IBM occurring in the second quarter included Amazon.com paying the vendor an undisclosed amount of money toÂ settle all outstanding patent lawsuits between the two companies. They also signed a long-term patent cross-licensing agreement to end a dispute that began in 2002 and made it to the courts last year when IBM sued Amazon.com and then the online retailer countersued with both parties alleging that the other had infringed on its patents. IBM also began shipping its new dual-core Power6 microprocessor on a new midrange server, the System p 570, and started talking up blade and mainframe offerings for SMBs. The vendor also put the next major release of its DB2 database, currently known as Viper 2 and due to ship before the end of the year, into open beta testing On the acquisitions front, IBM made two purchases in June to add functionality to its Rational development tools family. The vendor firstÂ acquired Web application security vendor WatchfireÂ for an undisclosed sum and then announced plansÂ to buy Swedish software development tools company TelelogicÂ for $745 million. In other IBM news, the company announced Wednesday the retirement of Paul Horn, the current head of IBM Research. Taking over his role is John Kelly, previously senior vice president, technology and intellectual property at IBM.
727076
IRVINE, Calif., Oct. 26 /PRNewswire-FirstCall/ -- Broadcom Corporation today announced that its Board of Directors has named Scott A. McGregor as President and Chief Executive Officer, effective January 3, 2005.
724349
Nov. 22, 2004. Troubled business software company Computer Associates International Inc. reportedly has selected longtime IBM executive John Swainson as its new chief executive.
551292
IBM is expected to announce Tuesday after the close of the market an historic pact to sell its $11.5 billion PC business to China PC giant Lenovo, sources said.
357955
Paul Horn, who has led IBM Corp.'s research division for 11 years, is retiring and being replaced by an executive who had been overseeing IBM's strategies on technical standards and intellectual property.
491804
Computer Associates International Inc.  CA.N is set to name IBM sales executive John Swainson as  chief executive, completing a long search to replace indicted  former CEO Sanjay Kumar, industry sources said on Monday.
241097
Swainson, a 26-year IBMer, most recently led the worldwide sales organization for the company&#39;s software group. He replaces interim CEO Kenneth Cron.
513548
Computer Associates International is expected to announce today that its new chief executive will be John Swainson, an IBM executive with strong technical and sales credentials but who is untested