Investment firm Francisco Partners has agreed to acquire IBM’s (NYSE: IBM) health care data and analytics assets for an undisclosed sum and expects the transaction to conclude in the second quarter of 2022, pending regulatory approvals and other customary closing conditions. The assets are part of IBM’s Watson Health business and include Health ...
In its most recent Executive Spotlight interview, ExecutiveBiz spoke with CeCe DeCamp, senior partner and client group leader for Homeland Security, Justice, Foreign Affairs and Intelligence Agencies at IBM Consulting, about the company culture and its key factors, the challenges during the pandemic, the expansion of IBM’s multi cloud platform...
Katharyn White, who left IBM (NYSE: IBM) in 2017 after she served as vice president of transformation for IBM Consulting (formally IBM Global Business Services), has returned to the company to lead ecosystem for its federal business, GovCon Wire has learned. Her two-decade Big Blue career also includes roles as chief marketing officer of IBM...
Sam Gordy, a former IBM (NYSE: IBM) executive and a two-time Wash100 awardee, has been named chief operating officer and president of the federal division at artificial intelligence company BigBear.ai. In his new capacity, Gordy will be responsible for overseeing BigBear.ai’s day-to-day operations and driving its growth in the federal market, ...
Kyndryl is set to kick off trading Thursday, Nov. 4, on the New York Stock Exchange under the ticker symbol “KD” following the completion of the managed infrastructure services business’ separation from IBM (NYSE: IBM). IBM said Wednesday its stockholders will get a share of common stock in the spinoff company for every five shares...
The board of directors of IBM (NYSE: IBM) has approved the planned separation of its managed infrastructure services business to form an independent public company that will operate as Kyndryl. IBM said Tuesday it will distribute 80.1 percent of Kyndryl’s outstanding shares to IBM stockholders on a pro rata basis to help carry out the...
IBM (NYSE: IBM) has hired seven former military and government officials and industry veterans to serve as partners on its Washington, D.C.-based federal global business services team. The company said Monday the key additions reflect its commitment to helping federal agencies advance information technology modernization efforts. Brian Davis, a reti...
Margie Graves, who served as the federal deputy chief information officer from March 2016 to December 2019, has joined IBM‘s (NYSE: IBM) Center for The Business of Government as a senior fellow. Her new role will center on research, public speaking and writing about various topics such as cloud computing, analytics, emerging technology and cyb...
A new IBM (NYSE: IBM) study says government information technology leaders said they expect agencies to make cybersecurity spending a priority for fiscal year 2022 amid the recent cyberattacks. IBM said Thursday it commissioned Morning Consult to survey more than 500 current and former U.S. government IT decision makers in June and found that more...
IBM (NYSE: IBM) has unveiled its plan to acquire Bethesda, Maryland-based BoxBoat Technologies, a consulting company that specializes in DevOps and Kubernetes container orchestration, in a push to further expand Big Blue’s hybrid cloud services business. Financial terms of the deal were not disclosed and IBM said Thursday it expects to close t...
