IBM Wins &#36;1 Billion Contract from Lloyds
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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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IBM announced Monday that it has won a 10-year contract from Honeywell International Inc. worth several hundred million dollars. The agreement between IBM&#39;s Engineering &amp; Technology Services unit and Honeywell&#39;s
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LONDON  - British fire and safety product manufacturer Kidde said it had agreed to a 1.44-billion-pound (2.09-billion-euro, 2.80-billion-dollar) takeover offer from US group United Technologies Corp.
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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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NEW YORK -- IBM Corp. agreed to a deal Wednesday that all but settles a case in which 140,000 workers claimed the computer giant&#39;s pension plan discriminated against older workers.
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IBM Corp. and plaintiffs challenging the legality of its pension plan agreed to a deal Wednesday that settles most claims and caps the company's potential liability at &#36;1.7 billion. The company previously had estimated a settlement could cost as much as &#36;6.5 billion.
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International Business Machines Corp. said Wednesday it signed a pair of outsourcing contracts worth more than &#36;1 billion with two Danish companies, continuing the computer giant's push into northern Europe.
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Lenovo Group, China&#39;s personal computer giant, Wednesday signed a definitive agreement with IBM to acquire Big Blue&#39;s personal computer
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China&#39;s largest manufacturer of personal computers, Lenovo Group, has bought IBM&#39;s PC business for $1.25 billion, making it the world&#39;s number three in the sector.
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U.S. stocks to watch on Wednesday: IBM CORP. : The computer maker said it sealed deals worth more than &#36;1 billion in new work with two European companies from which the information technology company just acquired two Danish services providers.
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J.P. Morgan Chase & Co. , said on Wednesday it was scrapping a &#36;5 billion outsourcing deal with IBM Corp., amid an overall plan to manage more of its own technology services.
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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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The deal includes almost 70,000 VoIP telephones and will reduce Lloyds&#39; network costs, IBM said. The announcement comes on the heels of reports that IBM is exiting the personal computer business.
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IBM has signed a $969-million deal to provide DSL-based Internet telephony and data services to Lloyds TSB, one of the largest banks in the UK.
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IBM Corp. is selling its personal computer business to China&#39;s largest PC maker in a $1.25 billion deal that marks the end of an era for the company that made &quot;PC&quot; a household word.
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IBM, the pioneer of the personal computer, is selling its PC hardware business to number one Chinese computer maker Lenovo.
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IBM said Monday that it won a Â£500 million (AUD$1.25 billion), seven-year services contract to help move UK bank Lloyds TBS from its traditional voice infrastructure to a converged voice and data network.