IBM to Shed Semiconductor Business in $1B Deal With Globalfoundries

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IBM (NYSE: IBM) has agreed to sell its global commercial semiconductor technology business to Santa Clara, California-based computer chip manufacturer Globalfoundries for $1.5 billion, which would be paid to IBM over the next three years. The companies said Monday that the deal also includes an agreement for Globalfoundries to serve as IBM’s exclusive server processor semiconductor technology...

Information Systems Worldwide Corp. to Research Open Source Methods for Air Force

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Information Systems Worldwide Corp. has won a three-year, $9,780,495 contract to help the U.S. Air Force research ways to extract features from open source information available in platforms such as mobile devices and applications. The Air Force received 38 offers for the cost-plus-fixed-fee contract and will obligate $579,000 in fiscal year 2014 research and development funds at the time of award,...

Razorsight Adds Local Govt Customer as it Works to Extend Reach of Predictive & Descriptive Analytics

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Razorsight, the Reston, Va.-based provider of predictive and other cloud-based analytics solutions, has locked in a muti-year deal with a new local government customer that the company said serves one of the largest municipalities in the U.S. The firm’s Chief Technology Officer Suren Nathan said Razorsight will deploy a descriptive and predictive applications suite for the government in an effort...

Agilex, Calgary Scientific to Build VA Medical Imaging Tech; Wyatt Smith, Pierre Lemire Comment

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Agilex will use Calgary Scientific’s image viewer technology to develop a Web and mobile application image viewing system for the Department of Veterans Affairs to view medical data. Agilex will combine the medical imaging system with Calgary Scientific’s ResolutionMD image viewer for VA clinicians to access to radiological images through mobile and desktop devices, Agilex said Wednesday. Pierre...

DMI Buys Digital Marketing Agency Pappas Group; Jay Sunny Bajaj Comments

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Digital Management Inc. has acquired Washington-based Pappas Group for an undisclosed amount to add marketing and branding services to DMI’s enterprise mobile technology portfolio. DMI and Pappas seek to help enterprises build brands and relationships with customers by using mobile, analytics and data management platforms, DMI said Tuesday. “To win in todays fragmented, hyper-connected...

IBM to Pump $100M in Global Big Data Labs

IBM Corp. (NYSE: IBM) is investing more than $100 million in new big data consulting laboratories across several locations worldwide, Asian Scientist Magazine reported Wednesday. The 10 new IBM interactive experience labs will be built in Bangalore, Beijing, Melbourne, Shanghai and Tokyo, according to the report. IBM intends to open at least 1,000 new big data consulting jobs at the sites, the report...

Autodesk Reports 32% Sales Growth in Q4 2013; Amar Hanspal Comments

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Autodesk Inc. (NASDAQ: ADSK) has booked new orders for its architecture, engineering and construction offerings in its fiscal quarter ending Jan. 31 amid growing demand for building information modeling services worldwide. The company closed the fourth quarter of 2013 with 32 percent year-over-year revenue growth for its infrastructure offerings such as Autodesk BIM 360, cloud and mobile services,...

IBM to Buy In-Q-Tel Backed Database Service Provider Cloudant; Sean Poulley Comments

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IBM Corp. (NYSE: IBM) has agreed to buy database service provider Cloudant Inc. for an undisclosed amount in order for IBM to grow its big data and analytics, cloud computing and mobile offerings. Cloudant will operate within IBM’s information and analytics business unit, part of the software and systems group, led by Bob Picciano, IBM senior vice president, IBM said Monday. The Boston, Ma.-based...

Qualcomm Buys Several Thousand Granted and Pending Patents from HP

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Qualcomm (NASDAQ: QCOM) has purchased 1,400 granted patents and pending patent applications in the U.S. from Hewlett-Packard for an undisclosed amount. The purchase also includes 1,000 granted patents and pending patent applications from other countries and covers technologies such as the Palm, IPAQ and Bitfone mobile operating systems, Qualcomm said Thursday. Qualcomm intends for the acquisition...

Verizon Wireless Receives 6-Month Federal Protective Service Contract Extension

Verizon Wireless (NYSE: Z) has received a six-month, $787,000 extension on its contract with the Federal Protective Service to continue providing the agency with mobile devices and services, GSN reported Tuesday. Jacob Goodwin writes the extension period covers three base months and a three-month option period to continue the contract through Feb. 20, 2014. The contract covers communications services,...