IBM to buy Israeli startup for $300 million: report
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International Business Machines Corp  is in advanced talks to buy Israeli start-up XIV Information Systems for $300 million to $350 million, financial daily Globes reported on Monday.
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Chipmaker will pay Big Blue nearly $300 million, but move should help in competition with Intel.
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DECEMBER 07, 2004 (REUTERS) - China&#39;s largest PC maker, Lenovo Group Ltd., could announce as early as today that it is buying control of IBM&#39;s PC-making business for up to $2 billion, a source familiar with the situation said.
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IBM Corp. has put its PC business up for sale, according to a story published on Friday on the Web site of The New York Times.
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IBM has bought XIV, an Israeli manufacturer of SAN (storage area network) equipment. XIV&#39;s main product is Nextra, a storage system based on a grid of standard hardware components.
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IBM is discussing selling its PC business to Lenovo Group Ltd., China's largest maker of personal computers, and at least one other potential buyer, according to The New York Times.
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p2pnet.net News - IBMâs PC business is up for grabs - and the new owners could be Chinese, says the New York Times. âWhile IBM long ago ceded the lead in the personal computer market to Dell and Hewlett
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IBM Corp. has agreed to buy Montreal software developer Systemcorp ALG for an undisclosed sum, the companies said Tuesday.
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IBM has signed a 7-year, &#36;969 million contract with British bank Lloyds TSB to supply it with Internet telephony and data services, The U.S.-based computer giant said on Monday.
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TOKYO - China's Lenovo Group Ltd. signed a definitive agreement on Wednesday to acquire IBM Corp.'s personal computing division. Lenovo will pay US$1.25 billion in cash for the business, which is expected to transform it into the world's number three PC maker, the companies announced.
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China's biggest computer maker, Lenovo Group, said Wednesday it has acquired a majority stake in International Business Machines Corp.'s personal computer business for &#36;1.75 billion, one of the biggest Chinese overseas acquisitions ever.
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IBM has bought XIV, an Israeli manufacturer of SAN (storage area network) equipment. XIV&#39;s main product is Nextra, a storage system based on a grid of standard hardware components.Nextra&#39;s self-healing, self-tuning, and dynamic scaling capabilities will give IBM new technology to address the growing requirement for high-performance storage for digital archives, digital media, and Web 2.0 applications, IBM said.Around 4 petabytes (4 million gigabytes) of Nextra storage are already in service, XIV said.XIV employees will join IBM&#39;s system storage business unit, the companies said. Moshe Yanai, chairman of XIV, previously worked at EMC.The companies would not put a price on the deal, but reports in the Israeli financial press earlier this week valued it at $300 million to $350 million.This is the latest in a line of storage-related acquisitions for IBM, which recently&#160;bought Softek,&#160;FileNet,&#160;and NovusCG to beef up its storage offering.
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China&#39;s biggest computer maker said it is in acquisition talks with a major international technology company, a disclosure that comes amid reports it might buy IBM&#39;s personal computer business.
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Motorola Israel Ltd. said Monday it will provide the U.S. Postal Service with new hand-held scanning devices under a three-year deal worth about &#36;300 million.
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The United States has brought forward a planned sale of advanced F-35 warplanes to Israel as part of efforts by the two allies to maintain a military advantage over Iran, an Israeli newspaper reported on Thursday.
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Oracle Corp. , the world's top  database software maker, is near an agreement to buy Hyperion  Solutions Corp. , which makes software that lets  companies analyze and track their performance, for about $3  billion, The New York Times said Wednesday in its online  edition.
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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.