Stock: IBM (US large caps), ISIN: US4592001014

Last Price 142.77 Max Price 149.07
Min Price 106.65 1 Year return 6.51

International Business Machine (IBM)

International Business Machine (IBM) Corporation is a company under information technology dealing with the provision of integrated solutions that leverage information technology and knowledge of the business. It functions through the segments such as global business services, global technology services, systems hardware, software, global financing, etc. The company was established by Thomas J. Watson Sr. and Charles Ranlett Flint on June 16, 1911. The company has its headquarter in Armonk, NY.

Operation of IBM

The Global Technology Services segment offers information technology infrastructure services which include integrated technology services, cloud, strategic outsourcing, and technology support services or the conservation services. The Global Business Services segment provides many of solutions ranging from application management services, consulting, and systems integration, and global process services. The Software AG segment comprises mainly of middleware and operating systems software which offers support to Tivoli, workforce solutions, information management, and others. The Systems Hardware segment entails infrastructure technologies majorly server and storage. The Global Financing segment, on the other hand, deals with the acquisition of software, information technology systems, and services by availing financing solutions such as commercial financing, and remanufacturing client investment, and remarketing.

Latest News Update about IBM

There are many news updates about the IBM that are released now and then. The latest news reveals their deal to partner with ABB, which is a pioneering technology leader in electrification products, in technical artificial intelligence solutions. The partnership targets to unlock new value for their clients in industry, utilities, transport and infrastructure by utilizing the comprehensive digital offering of ABB.