Corporate news
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IBM (NYSE: IBM) today announced second-quarter 2024 earnings results.
"We had a strong second quarter, exceeding our expectations, driven by growth in both revenue and free cash flow. We continue to see that clients turn to IBM for our technology and our expertise in enterprise AI, and our book of business for generative AI has grown to more than two billion dollars since the launch of watsonx one year ago," said Arvind Krishna, IBM chairman and chief executive officer. "Given our first-half results, we are raising our full-year view of free cash flow, which we now expect to be more than $12 billion."
July 24, 2024 -
IBM announced that it has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID) to support its Cybersecurity Protection and Response (CPR) program aimed to expand and enhance the agency's cybersecurity response support for host governments in the Europe and Eurasia (E&E) region.
July 17, 2024 -
July 10, 2024
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International Business Machines Corp has settled a lawsuit accusing Micro Focus of infringing IBM’s copyrights related to IBM’s CICS web services. The Micro Focus products that were the...
July 08, 2024 -
May 21, 2024
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The following email was sent to all IBMers: I am writing to share some important news about our Consulting leadership team and how we are positioning ourselves for the next phase of growth. After...
May 15, 2024 -
The IBM board of directors today declared an increase in the regular quarterly cash dividend to $1.67 per common share, payable June 10, 2024 to stockholders of record as of May 10, 2024.
April 30, 2024 -
IBM (NYSE: IBM) today announced first-quarter 2024 earnings results.
"We began the year with solid revenue and free cash flow growth, reflecting the strength of our hybrid cloud and AI strategy. We continue to capitalize on the excitement and demand for enterprise AI from our clients.
April 24, 2024 -
IBM (NYSE: IBM) and HashiCorp Inc. (NASDAQ: HCP), a leading multi-cloud infrastructure automation company, today announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion.
April 24, 2024