IBM swallows Tel Aviv storage firm
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Buys privately-held XIV Computer giant IBM said today that it has acquired Israel-based storage firm XIV for an undisclosed sum.â¦
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ExcelStor, owned by the Chinese government, is being acquired in a stock deal.
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IBM (NYSE: IBM) has said it will purchase Venetica, a privately held firm that provides content-integration software to unstructured data sources.
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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 yesterday sold its personal computer business to China&#39;s leading manufacturer, Lenovo, in a deal that reflects the profound changes taking place in the economic world order and marks the end of an era for one of America&#39;s most iconic companies.
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IBM is hitting an all-time low -- for itself, that is -- in the storage market with a new series of entry-level arrays. The new arrays, including its first iSCSI array and an entry-level Fibre Channel model
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JP Morgan Chase is cancelling a $5bn IT outsourcing deal with IBM and bringing the service back in-house. IBM will hand over the running of the investment bank&#39;s data centres, help desks, distributed computing, data and voice networks from January 2005.
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IBM is aiming to take a larger share of the $60 billion data-storage market with the introduction of two new disk-storage servers.
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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 boosted its software portfolio for small and medium-size businesses with plans announced Friday to acquire Net Integration Technologies, a software vendor in Markham, Canada.Net Integration Technologies, which offers business management tools, will become part of IBM&#39;s Lotus division when the deal closes, which is expected to occur this quarter. Terms of the acquisition were not disclosed.&quot;We plan to use the technology to go after Microsoft in the small business server market,&quot; said Michael Rhodin, general manager at IBM&#39;s Lotus Software division during a conference call about the acquisition. IBM could use the technology to compete with Microsoft&#39;s Windows Small Business Server, which provides collaboration, e-mail, and communication tools.Founded in 1997, Net Integration Technologies&#39; tools include NitixBlue server software, which the company offers bundled with IBM Lotus Notes client software. The company also builds custom hardware and the Nitix Operating System, which is based on Linux and bundles system management, networking, security, and storage services.When Lotus was acquired by IBM in 1995, it was a great channel company in touch with SMBs, Rhodin said. &quot;Somewhere along the lines, we lost touch with the roots,&quot; he said.The Net Integration Technologies acquisition is also in line with IBM&#39;s process of realigning operations to better define and serve customers. The company recently restructured sales operations and is lining up offerings to match those changes, Rhodin said.IBM did not comment on any potential layoffs or relocation of Net Integration Technologies employees.
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Undoing a technology outsourcing deal set in late 2002, J.P. Morgan Chase yesterday said it would take back 4,000 of IBM's employees who have been providing the Wall Street firm with an array of technology support services.
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China&#39;s biggest computer maker says it has acquired a majority stake in IBM&#39;s personal computer business. The 1.75- billion-dollar deal is one of the biggest Chinese overseas acquisitions ever.
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IBM is selling its PC hardware business to number one Chinese computer maker Lenovo.
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IBM is buying Solid Information Technology, a maker of high-performance databases and a close partner of IBM rival MySQL.Solid makes an embedded database with in-memory database engine, which means it can store and retrieve data from main memory, giving faster performance than traditional disk-based systems.That makes it popular for applications that require very fast processing times, such as routing calls in a phone network or trading stocks. Solid&#39;s customers include Cisco Systems, Siemens, TeliaSonera, and Nokia, according to its Web site.IBM agreed to acquire the company for an undisclosed sum and expects the deal to close in the first quarter of 2008, IBM announced Friday. It said the deal will enhance its database line-up by adding real-time data access capabilities. IBM rival&#160;Oracle acquired an in-memory database two years ago, from TimesTen.The IBM acquisition may be seen as a setback for MySQL, since it marks the loss of independence of another company that makes a high-performance transaction engine for MySQL&#39;s database.Two years ago&#160;Oracle bought Innobase, which made the most popular MySQL transaction engine. Oracle continues to license InnoDB to MySQL, but the acquisition prompted MySQL to look for alternatives.One of those was Solid, which joined MySQL&#39;s storage engine certification program and released an open source version of its database engine for MySQL. IBM did not say in its statement if it would continue to develop the MySQL product.However, MySQL is also developing its own transaction engine, so in the long term it will be less dependant on partners. Called Falcon,&#160;the engine is due to ship with MySQL 6.0, which is due for wide release late next year.The acquisition of Solid is IBM&#39;s twelfth acquisition this year, it said.&#160;
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BEIJING/SAN FRANCISCO  - IBM is selling its  PC-making business to China's largest personal computer maker,  Lenovo Group Ltd., for $1.25 billion, marking the U.S. giant's  retreat from an industry it helped pioneer in 1981.
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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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IBM (NYSE: IBM) today announced expanded scalability enhancements to the industry's most powerful virtualization technology z/VM.