IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate…
IBM announced its collaboration with SAP to develop solutions to help clients in the consumer packaged goods and retail industries enhance their supply chain, finance operations, sales and services using generative AI. With a shared legacy of technology expertise and the completed work of embedding IBM watsonx, an enterprise-ready AI and data platform and AI assistants, into…
To help close the global artificial intelligence (AI) skills gap, IBM announced a commitment to train two million learners in AI by the end of 2026, with a focus on underrepresented communities. To achieve this goal at a global scale, IBM is expanding AI education collaborations with universities globally, collaborating with partners to deliver AI…
IBM is expanding its collaboration with Microsoft to help joint clients accelerate the deployment of generative AI – and deliver a new offering that will provide clients with the expertise and technology they need to innovate their business processes and scale generative AI effectively. With today’s news, IBM Consulting, in collaboration with Microsoft, will focus…
IBM announced plans to open its first Europe-based quantum data center to facilitate access to cutting-edge quantum computing for companies, research institutions and government agencies. The data center is expected to be operational in 2024, with multiple IBM quantum computing systems, each with utility scale quantum processors, i.e., those of more than 100 qubits. The data…
At the G7 Summit in Japan, IBM announced a 10-year, $100 million initiative with the University of Tokyo and the University of Chicago to develop a quantum-centric supercomputer powered by 100,000 qubits. Quantum-centric supercomputing is an entirely new, and as of now, unrealized, era of high-performance computing. A 100,000-qubit system would serve as a foundation to address some of the world’s most…
The leadership pipeline for women has hollowed out in the middle, according to a new global study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from the IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organizations in 12 countries and 10 industries found a small increase in…
IBM and NASA’s Marshall Space Flight Center announce a collaboration to use IBM’s artificial intelligence (AI) technology to discover new insights in NASA’s massive trove of Earth and geospatial science data. The joint work will apply AI foundation model technology to NASA’s Earth-observing satellite data for the first time. Foundation models are types of AI models that are…
IBM and Rapidus announced a joint development partnership to advance logic scaling technology as part of Japan’s initiatives to become a global leader in semiconductor research, development, and manufacturing. Rapidus Corporation researches, develops, designs, manufactures, and sells advanced logic semiconductors, and was established with the endorsement of major Japanese companies. As part of this agreement, Rapidus and…
Today U.S. President Joseph R. Biden, Jr. and IBM Chairman and CEO Arvind Krishna will tour IBM’s Poughkeepsie, New York site to see firsthand where the future of computing is being innovated, designed and manufactured. During the visit, IBM will announce a plan to invest $20 billion across the Hudson Valley region over the next 10 years. The goal of the investments, which…
IBM and Bharti Airtel, a communications solutions provider in India with more than 358 million subscribers, announced their intent to work together to deploy Airtel’s edge computing platform in India, which will include 120 network data centers across 20 cities. Once deployed, the platform is designed to enable large enterprises across multiple industries including manufacturing and automotive to…
IBM announced it has acquired Databand.ai, a leading provider of data observability software that helps organizations fix issues with their data, including errors, pipeline failures and poor quality — before it impacts their bottom-line. Today’s news further strengthens IBM’s software portfolio across data, AI and automation to address the full spectrum of observability and helps businesses ensure that…
IBM announced it has acquired Neudesic, a leading U.S. cloud services consultancy specializing primarily in the Microsoft Azure platform, along with bringing skills in multicloud. Financial details of the deal were not disclosed. This acquisition will significantly expand IBM’s portfolio of hybrid multicloud services and further advance the company’s hybrid cloud and AI strategy, the statement…
IBM and Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. The assets acquired by Francisco Partners include extensive and…
IBM announced it has acquired Envizi, a leading data and analytics software provider for environmental performance management. Financial details of the deal were not disclosed. This acquisition builds on IBM’s growing investments in AI-powered software, including IBM Maximo asset management solutions, IBM Sterling supply chain solutions and IBM Environmental Intelligence Suite, to help organizations create…