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Tag Archives: nyse: ibm

CSC Names 27-Year IBM Veteran Mike Lawrie CEO

Computer Sciences Corp. (NYSE: CSC) has appointed Mike Lawrie president and CEO, effective no later than March 31, CSC announced Tuesday. Lawrie, currently CEO of UK-based financial services software firm Misys, will also join CSC’s board of directors, effectively immediately. Lawrie will succeed Michael Laphen, who announced his plan to …

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Report: IBM Names New Sales, Consulting Leads

IBM Corp. (NYSE: IBM) CEO Virginia Rometty has named Bruno Di Leo as senior vice president of sales and distribution and Bridget Van Kralingen as senior vice president of the company’s consulting unit, Bloomberg reports. Both appointments represent promotions for each executive and are Rometty’s first promotions since becoming CEO …

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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 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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Mo. Governor Helps Cut Ribbon on New IBM Service Delivery Center

Missouri Gov. Jay Nixon joined a group of IBM (NYSE: IBM) executives and local business and government leaders in cutting the ribbon on IBM’s new service delivery center in Columbia, Mo., last week. “Creating high-quality, career-supporting jobs is the top priority of my administration, and IBM’s locating a new technology …

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IT Firms Team up to Promote Virtualization

A slate of top IT firms, including Eucalyptus Systems of HP’s Eucalyptus Systems (NYSE: HPQ), IBM (NYSE: IBM), Intel (NASDAQ: INTC), Red Hat Inc. (NYSE: RHT) and BMC Software (NASDAQ: BMC) have joined forces to promote the Open Virtualization Alliance, a consortium devoted to the adoption of open virtualization technologies …

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IBM Makes Financial Moves

IBM’s (NYSE: IBM) board of directors has announced a regular quarterly cash dividend of $0.75 per common share, payable June 10 to stockholders of record May 10. According to the firm, “the board today also authorized $8 billion in additional funds for use in the company’s stock repurchase program. IBM …

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