IBM Wins Honeywell Deal, Eyes More
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IBM has won a long-term contract from Honeywell worth several hundred million dollars, its largest military/aerospace engineering contract since IBM exited the field a decade ago, it said on Monday.
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Diversified manufacturer Honeywell International Inc  said on Thursday that its fourth-quarter profit and sales rose from a year earlier, helped by strong economic conditions.
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Diversified manufacturer Honeywell International Inc  said quarterly profit rose nearly 18 percent, with sales up across all its units, sparking a 4 percent rise in the stock in early trading.
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The Universidad de los Andes in Chile selected IBM (NYSE: IBM) to implement a Cisco IP Telephony solution, making communication at the university more reliable and flexible while reducing costs.
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Honeywell International Inc., the worldâs largest maker of cockpit electronics, will pay â¤798 million for Novar Plc, UK mini-conglomerate that operates a variety of businesses including electronics, aluminium and printing cheque books.
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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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Honeywell, the U.S.  avionics-to-antifreeze conglomerate, will beat its own target  for $1 billion of China sales in 2005 as it expands aerospace  manufacturing there, its country chief said on Thursday.
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HONEYWELL International, the United States industrial conglomerate, has agreed a US$1.5 billion (Â£780 million) trump bid for Novar, to beef up its security business and lift 2005 earnings from the low end of forecasts.
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Diversified U.S. manufacturer Honeywell  has agreed to buy Novar Plc, a British industrial holding  company, for 798 million pounds ($1.53 billion), a source  familiar with the situation said on Sunday.
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Plans by International Business   Machines Corp. IBM.N, the world's largest technology services   company, to acquire MRO Software Inc. MROI.O for $740 million   have received U.S. antitrust approval, U.S. officials said on   Wednesday.
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InfoWorld - IBM has bought XIV, an Israeli manufacturer of SAN (storage area network) equipment. XIV's main product is Nextra, a storage system based on a grid of standard hardware components.
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IBM (NYSE: IBM) today revealed a new software technology from its Research labs designed to greatly enhance security and management capabilities in virtualized data centers.
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The Silicon Valley start-up has won a partnership with IBM that will help it grab a piece of the growing market for Wi-Fi services at big companies.
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TechWeb - IBM works with Microsoft and other application vendors to expand the use of its hardware in computer clusters and mainframes.
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Shares of IBM IBM.N gained 4 percent  on Tuesday after the world's largest computer company posted  third-quarter results that marked a recovery from a weak  second-quarter performance, Wall Street commentators said.
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InfoWorld - IBM liked Watchfire&#39;s Web application security software so much it plans to buy the company for an undisclosed sum, it said Wednesday.
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IBM  said on Wednesday it agreed  to buy Internet Security Systems Inc.  for $1.3 billion  to beef up its product line in the rapidly growing business of  Internet security.