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IBM: Why Our Mainframes Are Really 'I/O Supercomputers'

April 9, 2014
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Hot on the heels of IBM's promise not to exit hardware, executive Steve Mills highlights the capabilities of the company's mainframe technology, which he describes as an I/O (Input/Output) supercomputer. The challenge in commercial workloads, he explains, tends to be less about computer, but more about moving the data quickly, enabling mainframes to deliver better cost of ownership to users. With the mainframe celebrating its 50th birthday, Mills also looks to the future. Video provided by TheStreet

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last updated on 2015-04-17 at 11:37 pm EDT

IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

TheStreet (June 11, 2014) — IBM is getting closer to a deal for its semiconductor manufacturing unit with GlobalFoundries. IBM has been attempting to unload this unit, which loses up to $1.5 billion each year. GlobalFoundries is emerging as the most likely takeover candidate over other interested parties, such as Intel and Taiwan Semiconductor Manufacturing. The most valuable parts of the troubled IBM unit are its engineers and intellectual property. GlobalFoundries isn't very interested in IBM's manufacturing plants because it has its own modern facilities. Who gets to control what intellectual property will determine almost everything about this deal, including the price. IBM initially asked for more than $2 billion and potential bidders said they would be willing to pay half of that. In any case, the price has a lot of room to fluctuate depending on how much intellectual property IBM is willing to include. Video provided by TheStreet
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IBM: Why We're Spending $1B on Watson Supercomputing

IBM: Why We're Spending $1B on Watson Supercomputing

TheStreet (Jan. 9, 2014) — IBM's Watson supercomputer, famous for its appearance on the game show Jeopardy, is now spearheading the tech giant's latest push into cloud and big data. IBM executive Mike Rhodin explains why the bellwether is spending $1 billion on its new Watson business unit, which will be based in the heart of New York's 'Silicon Alley'. Rhodin also tells TheStreet's James Rogers how IBM is extending the supercomputer's reach from healthcare to enterprise computing.
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Twitter Purchased 900 Patents From IBM To Avoid Lawsuit

Twitter Purchased 900 Patents From IBM To Avoid Lawsuit

Newsy (Mar. 8, 2014) — Twitter paid IBM $36 million for 900 patents, according to an SEC filing. The move was in response to threats IBM would sue for patent infringement. Video provided by Newsy
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IBM Taps Into Twitter's Data With New Partnership

IBM Taps Into Twitter's Data With New Partnership

Newsy (Oct. 29, 2014) — The new partnership will allow IBM to access Twitter’s data and analytics to help IBM clients better understand their consumers. Video provided by Newsy
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