Tag Archives: IBM

IBM pays Globalfoundries $1.5 billion to cut losses

IBM Not Servers Not SemisUpdate: IBM advised late Sunday that it will be making “a major business announcement” Monday morning along with its’ third-quarter results according to Bloomberg News.

This comes as no surprise to industry watchers. Sanjay Jah, CEO of Globalfoundries Inc. is well known as a shrewd negotiator – fees for taking over IBM’s semi ops were reported as high as $2 Billion. more»

Lenovo carves up Chinese server pie

lenovo-logoAs we reported yesterday, Lenovo will acquire Intel’s X86 server business this week and that means it will be the biggest server company in mainland China.

Market research firm IDC released its figures for server sales in China for the first half of this year and Lenovo – which includes prior IBM system business – comes out the leader at 23.91 percent (see chart). more»

IT infrastructure worth $2.4 billion

IBM logoSales of worldwide integrated infrastructure and platforms rose by a third in the second quarter of this year with a net worth of $2.4 billion, compared to the same quarter a year back.

IDC defines integrated infrastructure and platforms as pre-integrated certified systems containin server hardware, disk storage systems, networking equipment and systems management software. more»

Intel shows off in-memory-database Biz

Intel-IDF-'14-Copy-SizeIntel’s Developer Forum 2014 annual meeting at San Francisco’s Moscone Center wound down yesterday. My assignment is to continue research on a technology that’s now ramping.

The computer industry is at the beginning of a major architectural shift – “In-Memory Database” (IMD) systems, originally aimed at solving near real-time solutions for analytic problems have successfully been applied to cognitive computing problems as well. more»

HP beefs up security

HPAccessData and HP are to get closer to each other by increasing security assessment and quick fixes for global organisations.

HP’s service arm, Rapid Incident Respons Services is intended to help corporations quickly investigate what’s gone wrong after a hack and provide forensic evidence of incidents. more»