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Lehman lifeline was critical to chip maker AMD With Advanced Micro Devices Inc.'s cash reserves dwindling and the chip maker's overall financial health deteriorating to dangerous levels last year, the company was thrown a lifeline by Lehman Brothers, the investment bank now in bankruptcy. 20 Sep 2008
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IBM 2Q profit jumps 22 percent, beats forecast IBM Corp. says its second-quarter profit leaped 22 percent. It blew past Wall Street's estimates as its bread-and-butter services division continued to thrive despite economic malaise in the U.S. 23 Jul 2008
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IBM opens Service Management CoE in Pune World's leading computer technology and consulting corporation, IBM has opened its Service Management Center of Excellence (CoE) in Pune that will act as the regional hub for IBM Tivoli service management software and strategy. 22 Jul 2008
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IBM unveils world's fastest UNIX server, unique water-cooled supercomputer World's largest computer technology and consulting corporation, IBM Corp. has unveiled two high-end Power Systems models – the world's fastest UNIX server and a unique water-cooled supercomputer, which have excellent energy-saving capabilities. 18 Apr 2008
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IBM in big push to build data centers for clients IBM is staking out a major new source of business helping clients like banks or retailers manage data centers on a par with Internet players such as Google or Microsoft, a top official said. 17 Nov 2007
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IBM to acquire Canadian co. Cognos for $5 billion IBM said on Monday that it would buy Canadian business intelligence software company Cognos Inc for $5 billion, following a wave of acquisitions in the industry. 13 Nov 2007
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Lenovo unveils first addition to Think PCs Lenovo Group Ltd, the world's third-biggest personal computer maker, unveiled on Tuesday its first new Think-branded products since buying the PC unit of International Business Machines Corp in 2005. 07 Nov 2007
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TCS, Infosys eye small buys Top software services firms Tata Consultancy Services Ltd and Infosys Technologies Ltd are keen on acquisitions to enhance their skills, but are wary of very large targets, senior officials said. 05 Nov 2007
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IBM to spend record $1.5 billion on security in 2008 IBM, the world's largest technology services company, said on Thursday it will spend a record $1.5 billion next year to develop and market security products. 02 Nov 2007
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IBM to recycle silicon wafers for solar industry International Business Machine Corp said on Tuesday it has developed a silicon wafer recycling system that may help ease the refined silicon shortage that has limited output of solar energy panels. 02 Nov 2007
