2008 Q3 News Headlines

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IBM today announced it has acquired Platform Solutions, Inc. (PSI), a privately held technology company headquartered in Sunnyvale, California. PSI's technologies and employees will become part of the IBM System z business unit of the IBM Systems and Technology Group. Financial terms were not disclosed. E-mail this page Save to del.icio.us Digg this

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As the summer blockbuster movie season enters full swing, IBM (NYSE: IBM) explores the Future of Movies, a podcast with Yair Landau, former President of Sony Pictures Digital and Saul Berman, Global Strategy Leader for IBM's Media & Entertainment Practice, hosted by Tim Washer. With technology enabling consumer demand for more customization on how they enjoy entertainment, the movie studios must adapt and content providers must adjust to new web-based distribution channels such as YouTube. E-mail this page Save to del.icio.us Digg this

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IBM today announced second-quarter 2008 diluted earnings of $1.98 per share from continuing operations, an increase of 28 percent as reported, compared with diluted earnings of $1.55 per share, including a 5 cents per share gain from the sale of the Printing Systems Division (PSD), in the second quarter of 2007. Excluding the gain in the prior-year period, diluted earnings for the second-quarter 2008 increased 32 percent year over year. E-mail this page Save to del.icio.us Digg this

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IBM and ILOG today announced they have signed an agreement regarding a proposed acquisition by IBM of ILOG to be implemented by way of concurrent cash public tender offers in both France and the United States. Through this proposed transaction, IBM will combine its business process management (BPM), business optimization, and service oriented architecture (SOA) technologies with ILOG’s Business Rules Management Systems software. This will enable IBM to help clients deliver critical business information in real-time, allowing them to make better business decisions faster. E-mail this page Save to del.icio.us Digg this

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The IBM board of directors today declared a regular quarterly cash dividend of $0.50 per common share, payable September 10, 2008, to stockholders of record August 8, 2008. E-mail this page Save to del.icio.us Digg this

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The IBM board of directors today elected Taizo Nishimuro to the board, effective September 22, 2008. Mr. Nishimuro, 72, is chairman of the board of the Tokyo Stock Exchange Group, Inc., Samuel J. Palmisano, Fiscal System Council, E-mail this page Save to del.icio.us Digg this

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IBM (NYSE: IBM) today announced that it has been positioned in the Leaders quadrant in Gartner, Inc.'s Magic Quadrant for Storage Professional and Support Services.(1) E-mail this page Save to del.icio.us Digg this

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A study by IBM and the Human Capital Institute (HCI) shows that while 84 percent of organizations know that workforce effectiveness is important to achieving business results, only 42 percent of those surveyed say managers devote sufficient time to people management. E-mail this page Save to del.icio.us Digg this

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IBM today announced that it has been positioned by Gartner, Inc. in the Leaders Quadrant in its new Magic Quadrant for E-Commerce(1) report. E-mail this page Save to del.icio.us Digg this

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IBM today announced that on August 19, 2008 it entered into a five-year information technology (IT) infrastructure services agreement, in excess of $300 million, with Health Net, Inc. As part of the agreement, IBM will manage Health Net's entire IT infrastructure for substantial cost savings and increased data center reliability. E-mail this page Save to del.icio.us Digg this

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