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IBM

IBM beefs up investment in cloud services to get more customers on board

IBM is going to further enhance its cloud services platform with a $1 billion investment until next year to lure more clients to SoftLayer Technologies Inc in its efforts to improve sales that have declined for the past seven quarters, Bloomberg reported.

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Cloud Foundry

California-based Cloud Foundry to boost popularity by launching open source foundation

San Mateo, US-based open platform as a service Cloud Foundry is about to become more popular by launching the Cloud Foundry Foundation, which will help servers deploy software apps of developers under an open-source Apache license.

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IBM

Through big data, IBM can predict when mining equipment will fail and save companies billions

IBM said it can use big data to forecast when mining equipment will fail, an innovation that can potentially save companies billions of dollars annually, VentureBeat reported.

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Welltok

Colorado-based health firm Welltok secures $22.1M in Series C round

Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.

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IBM

IBM aims to look for chip business joint venture as sale plans fail- sources

As plans to look for a buyer for its chip manufacturing business fail, IBM is said to be looking for a joint venture partner for the operations, according to sources interviewed by Bloomberg.

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IBM Corp

Twitter buys over 900 IBM patents to settle infringement dispute

San Francisco, US-based social media giant Twitter decided to buy more than 900 patents from American multinational tech firm IBM to settle patent infringement claims against it, with the two companies forming a patent cross-licensing agreement.

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IBM

IBM betting $1.2B on its cloud services through acquisition

IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.

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IBM

IBM picks up US file transfer firm Aspera

Ontario, Canada-based tech giant IBM is acquiring California, US-based bootstrapped file transfer firm Aspera to provide its clients with a file transfer tool for data from social media and various devices.

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IBM

Louisiana Sheriffs' Pension and Relief Fund sues IBM over NSA cooperation

The Louisiana Sheriffs' Pension and Relief Fund sued IBM for its cooperation with the National Security Agency over a spying program that allegedly hurt investors, Bloomberg reported.

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IBM

Online retailers served a healthy appetizer with 9% growth in early returns

Here are the online shopping trends for Thursday, November 28 at 12:00 p.m. EST, from the IBM Digital Analytics Benchmark. Our next update will follow today at 3 p.m. EST.

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Amazon.com

Synergy report says Amazon still leads in cloud computing

A report from Synergy Research Group said Amazon has trumped other cloud players like Microsoft, IBM and Google when it comes to generating money from cloud computing.

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Flag of Israel

Big tech acquisitions seen surging in Israel

Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.

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IBM

IBM acquires Fiberlink for mobile device management

New York-based International Business Machines (IBM) bought mobile security firm Fiberlink Communications for an undisclosed amount to amp up its poorly-rated mobile device management (MDM) solution.

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Synnex Corporation

Synnex acquires IBM's customer care BPO services business

Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.

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Continental AG

Continental AG nearing partnership with IBM for driverless car systems development

Driverless vehicles as well as the data transfer between cars are on top of the agenda for the partnership between Continental AG and IBM.

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