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

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 …

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IBM Lands Navy Audit Systems Contract

IBM‘s U.S. federal business unit has received an $8.6 million task order to supply finance and audit systems for the U.S. Navy‘s enterprise resource planning programs. The company will perform work at its Mechanicsburg, Pennsylvania-based facility through Sept. 21, 2015, the Defense Department said Monday. The Navy received three offers for the contract.

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IBM Buys Cloud Services Firm Lighthouse Security Group; Kris Lovejoy Comments

IBM (NYSE: IBM) has moved to further build its identity and access management offering by acquiring the Lighthouse Security Group subsidiary from Lighthouse Computer Services. Kris Lovejoy, general manager of IBM Security Services, said Monday that IBM made the transaction in order to develop an IAM portfolio that combines both analytics technology and managed …

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Brendan Hannigan: IBM Adds Security Software Firm CrossIdeas to ID Mgmt Portfolio

IBM (NYSE: IBM) has completed its acquisition of security software provider CrossIdeas,  a move that IBM Security Systems General Manager Brendan Hannigan said expands his company’s identity and access management product portfolio. “IBM can now provide enterprises with enhanced governance capabilities and transparency into risk from the factory floor to the board …

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IBM Sells Database Mgmt System to UNICOM; Corry Hong Comments

IBM Corp. (NYSE: IBM) has sold its relational database management system to UNICOM Systems for an undisclosed amount. UNICOM bought the solidDB in-memory system and its Universal Cache feature, UNICOM said Tuesday. The company intends for the acquisition to grow UNICOM’s strategic information technology offerings for customers and partners. “We appreciate …

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Andy Maner: IBM, Epic Extend Partnership to Chase DoD EHR Contract

IBM (NYSE: IBM) and medical information technology firm Epic have teamed up to pursue a Defense Department contract to modernize IT systems that are built to manage electronic health records of service members and their families. The team plans to offer DoD a joint technology platform that will aim to …

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Chuck Prow Elevates at IBM to Lead Global Government Sales

Chuck Prow, managing partner responsible for IBM‘s (NYSE: IBM) global public sector, has been elevated to the role of industry general manager for global government and will oversee the company’s sales to agencies worldwide, Prow broke to GovCon Wire this week. The consulting and technology veteran is now responsible for …

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CA, IBM Vet Amy Fliegelman Olli Joins Avaya as SVP & General Counsel

Amy Fliegelman Olli, a former executive at CA Technologies (NYSE: CA) and 18-year IBM (NYSE: IBM) veteran, has joined Avaya as senior vice president and general counsel. She will also serve as a member of Avaya’s senior executive counsel and work at the company’s global headquarters in Santa Clara, Calif., Avaya said Thursday. …

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Keith Salzman Joins IBM’s Federal Arm as Chief Medical Information Officer

Keith Salzman, formerly chief medical information officer at CACI International (NYSE: CACI), has joined IBM (NYSE: IBM) in the same role for the company’s U.S. federal business unit. Salzman heads to IBM as the company kicks off a series of investments in its U.S. federal healthcare practice to further development …

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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 …

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