Corporate news

IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications.

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.67 per common share, payable September 10, 2024 to stockholders of record August 9, 2024.

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."

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.

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...

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...