IBM Eyes More Cloud Acquisitions to Find a Path to Growth
Future deals will focus on 'as a service' companies, IBM's CFO says
IBM will favor buyouts that strengthen its cloud services, the company's CFO said Tuesday, as it looks for ways to expand its business after 11 straight quarters of declining revenue.
"Most of our acquisitions will probably be on an 'as a service' basis, as opposed to an on-premise model," CFO Martin Schroeter said during IBM's quarterly earnings call, in response to a question.
"That's the nature of the market and where we have a lot of opportunity, because we don't play in some of those areas today," he said.
Point-of-Sale (PoS) terminals have become an attractive target for hackers over the past year, reflected in the increasing number of RAM-scraping programs that steal payment card information from the memory of such systems.
An IT worker is accusing Tata Consultancy Services (TCS) of discriminating against American workers and favoring "South Asians" in hiring and promotion. It's backing up its complaint, in part, with numbers.
Akamai Technologies has released a data analytics engine which continuously analyses more than two Petabytes of data to help thwart security threats.
ALLEN, TX -- Nokia's $16.6 billion acquisition of Alcatel-Lucent is an example of the industry shifting just as Cisco predicted, its CEO said this week.