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New Mainframe Computer Strengthens IBM

International Business Machines (IBM) experienced a rise in its shares’ value when a new mainframe computer was introduced. The company’s expenditure could also have contributed to this increase. According to…

IBM to Buy Netezza for $1.7 bn

International Business Machines Corp (IMB) has made an offer amounting $1.7 billion to purchase Netezza Corporation, a data analytics company. IMB’s intention is to enlarge its technology services business and…