Key Developments: International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

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28 May 2015
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Latest Key Developments (Source: Significant Developments)

International Business Machines Corp files patent infringement lawsuit against Priceline Group
Tuesday, 10 Feb 2015 12:55pm EST 

International Business Machines Corp:Files patent infringement lawsuit against Priceline for damages for past infringement and for a reasonable royalty going forward.Says lawsuit comes after more than three years of attempts by IBM to resolve its concerns with Priceline over infringement of IBM's patents.Files lawsuit in the U.S. District Court of Delaware against The Priceline Group and subsidiaries that own and operate Priceline.com, Opentable.com and Kayak.com for infringement of IBM intellectual property.Says in addition to past damages, IBM will ask the court to impose a royalty for the continued use of its patented technology or, alternatively, for an injunction.  Full Article

International Business Machines Corp, SoftBank Alliance to Bring Watson to All of Japan
Tuesday, 10 Feb 2015 07:20am EST 

International Business Machines Corp:IBM and SoftBank Telecom Corp., (SoftBank ) a wholly owned subsidiary of SoftBank Corp announced a landmark global alliance to bring Watson to Japan, one of the world's largest economies and technology markets.The alliance, which involves training Watson to understand Japanese, represents a major milestone in IBM's efforts to accelerate the adoption of cognitive computing and a powerful example of how SoftBank is transforming Japanese businesses and society.The goal of the collaboration is for SoftBank and IBM to bring new apps and services powered by Watson to market in the region, by establishing a broad local ecosystem of partners, entrepreneurs, and app developers who will apply Watson in new and innovative ways.  Full Article

Shop Direct extends partnership with International Business Machines Corp
Monday, 9 Feb 2015 09:00am EST 

International Business Machines Corp:Has signed 10-year, large-scale services agreement with Shop Direct.To move multi-brand digital retailer to hybrid cloud model to increase flexibility and quickly respond to changes in demand as it grows.IBM's cloud will underpin delivery of suite of analytics, mobile, social and security offerings that will enable Shop Direct to improve its customers' online shopping experience while empowering its workforce to collaborate more easily and improve productivity.  Full Article

Opera Software meets mobile growth in Asia with International Business Machines Corp Cloud
Thursday, 5 Feb 2015 01:00pm EST 

International Business Machines Corp:Says that Opera Software has deployed its web browser on bare metal servers in IBM's Singapore cloud center to support delivery of mobile web browsing and meet substantial mobile growth for end users across Asia.  Full Article

Kallo Selects International Business Machines Corp Cloud Technology to Help Transform Health Care in Remote Communities
Thursday, 5 Feb 2015 01:00pm EST 

International Business Machines Corp and Kallo Inc:Says that Kallo has deployed its remote health-care delivery system on the IBM cloud to bring advanced real-time medical services to rural areas of the world.Kallo's mobile health-care systems will be used to build and extend primary care infrastructure in countries including Guinea and Ghana, making health care accessible to everyone.IBM provides Kallo with technology consulting and services as well as a cloud infrastructure hosted at the recently opened SoftLayer cloud center in Toronto.  Full Article

International Business Machines Corp announces new sales center
Wednesday, 4 Feb 2015 11:00am EST 

International Business Machines Corp:Launched the IBM Middle East and Africa Digital Sales Center in Cairo.The center, which represents a $3 million investment by IBM, is part of a broader three year agreement with the Egyptian government in which IBM will create jobs and work with clients to transform using cloud, Big Data and analytics, mobile and social technologies.  Full Article

International Business Machines Corp approves regular quarterly cash dividend
Tuesday, 27 Jan 2015 12:08pm EST 

International Business Machines Corp:Declares a regular quarterly cash dividend of $1.10 per common share.Payable March 10 to stockholders of record Feb. 10.  Full Article

Anthem Teams with International Business Machines Corp to strengthen IT operational performance
Wednesday, 21 Jan 2015 12:26pm EST 

International Business Machines Corp:Announced a new strategic technology services agreement with Anthem, Inc., one of the health benefits companies in the U.S.IBM has been selected to provide operational services for Anthem's mainframe and data center server and storage infrastructure for the next five years.  Full Article

International Business Machines Corp gives FY 2015 EPS guidance - Conference Call
Tuesday, 20 Jan 2015 04:30pm EST 

International Business Machines Corp:Expects FY 2015 operating EPS in the range of $15.75 to $16.50.  Full Article

Westfield Insurance selects International Business Machines to transform claims processes
Monday, 22 Dec 2014 09:00am EST 

International Business Machines Corp:Says Westfield Insurance, a provider of personal, commercial and surety insurance, is working with IBM to transform their claims operations.In their transformation, Westfield is using business analytics to increase flexibility, operational efficiency and effectiveness, enabling Westfield to keep pace with its evolving customer base and business growth.  Full Article

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Lenovo annual profit up 1 percent, missing forecasts, amid China smartphone competition

BEIJING/HONG KONG - Lenovo Group Ltd , the world's biggest PC maker by sales, said on Thursday its annual net profit rose 1 percent to $829 million, slightly below analyst expectations, as intense competition in the Chinese smartphone market eroded margins. | Video

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