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IBM Reports 2015 First-Quarter Results

Shares down 4.4% following mixed Q2; cost cuts, buybacks boost EPS Diluted EPS from continuing operations: Operating (non-GAAP): $2.91, up 9 percent; GAAP: $2.44, flat year-to-year; Net income from continuing operations: Operating (non-GAAP): $2.9 billion, up 4 percent; GAAP: $2.4 billion, down 5 percent; Gross profit margin from

Nintex Acquires Drawloop Technologies, Inc.

Companies Bring Together Workflow Automation and Document Generation Platforms to Streamline Business Processes for Improved Employee Productivity and Customer Engagement Drawloop is a Top 10 paid app on the Salesforce AppExchange with consistent 5 star ratings, a leader in the Document Generation category, and works with

HP’s Whitman Sees More Industry Consolidation as Company Revamps

(Bloomberg News) -- Hewlett Packard Co. Chief Executive Officer Meg Whitman foresees greater consolidation in the technology industry, as her company prepares to split into an enterprise business and one that sells printers and PCs. “About every 10 to 15 years in technology, I see tectonic

IBM Acquires Blue Box to Accelerate Open Hybrid Clouds

Acquisition reinforces IBM's commitment to deliver flexible cloud computing models that make it easier for customers to move to data and applications across clouds IBM announced it has acquired Blue Box Group, Inc. , a managed private cloud provider built on OpenStack. Blue Box is a privately

EMC To Acquire Virtustream

Virtustream Will Form EMC’s Managed Cloud Services Business; A Key Enabler For EMC Federation to Deliver Industry’s Most Comprehensive Hybrid Cloud Portfolio News Summary: EMC to acquire Virtustream (all references to EMC refer to the EMC Federation of businesses) Fast-rising Virtustream to form EMC’s new managed cloud services