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Tag Archives: IBM

NOAA Awards IBM Potential $502M IDIQ for Supercomputing System

IBM (NYSE: IBM) has been awarded an indefinite-delivery/indefinite-quantity contract by the National Oceanic and Atmosphere Administration (NOAA) that is worth up to $502 million. The contract has a maximum length of 10 years with a five-year base period, a three-year option period and a two-year transition option. According a 2010 proposal released by …

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HP Forms NGEN Contract Team with AT&T, Northrop, IBM

With nearly one month to go before the end of the Navy‘s request for proposals for the $4.5 billion Next Generation Enterprise Network contract, Hewlett-Packard Co. (NYSE: HPQ) has formed a comprehensive team of contractors in its effort to take home the NGEN deal. HP is teaming with AT&T (NYSE: …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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IBM Elects SVP Virginia Rometty as President, CEO as of Jan. 1, 2012

IBM‘s (NYSE: IBM) board of directors has elected 31-year company veteran Virginia M. Rometty to succeed Samuel Palmisano as president and CEO, effective Jan. 1, 2012. Palmisano will retain his position as chairman of the board. Rometty has joined the board effective of the announcement. Rometty currently serves as IBM’s senior vice president …

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IBM Wins DARPA Award for Language Translation, Communication Technology

IBM (NYSE: IBM) has been awarded a Defense Advanced Research Projects Agency contract to create technology that translates multiple foreign languages in all genres. The company will develop technology that can retrieve information from the translated material and enable bilingual communication via speech or text. Work is expected to be completed by Sept. …

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IBM to Acquire Product Development Firm Platform Computing

IBM (NYSE: IBM) has entered into a definitive agreement to acquire Platform Computing. Although the financial terms have not been disclosed, the acquisition is anticipated to close in the fourth quarter of 2011. Platform Computing provides applications that fuel product development and critical business decisions, among other services. In combination with IBM systems, …

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IBM Completes Purchase of Big Data, Intelligence Analytics Firm

IBM (NYSE: IBM) has completed its acquisition of i2 Group, an intelligence analytics firm. The move will expand IBM’s big data analytics software and help governments and law enforcement access and analyze information to combat crime, fraud and other security threats, IBM said in a release. The company said its software will …

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GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations. The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal …

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CIBER Appoints Ex-IBM Exec Rick Genovese as EVP of North American Operations

CIBER, Inc. (NYSE: CBR) has appointed Rick Genovese as executive vice president of its north american operations, effective Sept. 6, 2011. Genovese will be responsible for strategy, delivery and full profit and loss performance of the operating segment, which accounted for 45 percent of CIBER’s revenue in 2010. Genovese has more …

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IBM to Acquire Intelligence Analytics Firm to Enhance Defense, Public Safety Offerings

IBM (NYSE: IBM) has entered a definitive agreement to acquire intelligence analytics firm i2 Group. i2 provides intelligence and investigation management software for law enforcement, defense, national security and private sector organisations and has more than 4, 500 customers in 150 countries. IBM said the move will expand its business analytics capabilities …

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