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Tag Archives: IBM

Air Force, IBM Form Quantum Computing Research Partnership

The Air Force Research Laboratory has collaborated with IBM (NYSE: IBM) to explore the potential applications of commercial quantum technology to U.S. Air Force operations. AFRL said Tuesday it will work with the company's researchers to examine optimization challenges, quantum chemistry simulation and machine learning algorithms on actual hardware through the IBM Q Network.

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IBM-Red Hat Merger Receives EU Approval

IBM (NYSE: IBM) has secured unconditional approval from the European Commission for its proposed acquisition of Red Hat (NYSE: RHT) for $34B cash, nearly two months after the U.S. Department of Justice cleared the transaction. The commission said Thursday the merger, which both companies first announced in October 2018, would not put market competition at risk.

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UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier

United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).

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