Tag: IBM

IBM to Buy Red Hat for $34 Billion, Its Biggest Acquisition to Date

IBM Corp said on Sunday it had agreed to acquire US software company Red Hat for $34 billion (roughly Rs. 2.5 lakh crores), including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services. The transaction is by far IBM’s biggest acquisition. It underscores IBM Chief Executive

At Patent Trial, Groupon Casts IBM as Shaking Down Other Tech Companies

A lawyer for discount e-commerce company Groupon told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees. IBM is suing Groupon for $167 million (roughly Rs. 1,150 crores), accusing it of infringing four basic internet technology patents, in a case that

IBM researchers announce major breakthrough in phase change memory

For years, scientists and researchers have looked for the so-called Holy Grail of memory technology — a non-volatile memory standard that’s faster than NAND flash while offering superior longevity, higher densities, and ideally, better power characteristics. One of the more promising technologies that’s been in development is phase-change memory, or