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July 2019 – IBM Watson Marketing business spins off into standalone company Acoustic, after acquisition by Centerbridge Partners [229] [230] October 8, 2020 – IBM announced it was spinning off the Managed Infrastructure Services unit of its Global Technology Services division into a new public company, an action expected to be completed by ...
In 2023, IBM acquired Manta Software Inc. to complement its data and A.I. governance capabilities for an undisclosed amount. [111] On November 16, 2023, IBM suspended ads on Twitter after ads were found next to pro-Nazi content. [112] [113] In August 2023, IBM agreed to sell The Weather Company to Francisco Partners for an undisclosed sum. [114]
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [2] unless otherwise specified. As of 2023, Fortune lists Amazon (revenue of $513.98 billion), Jingdong ($155.53 billion), and Alibaba ($126.81 billion) in the retailing sector rather than the technology sector. [3]
IBM contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years. And from 2027 through 2034, they’ll yield a guaranteed ...
In July 2023, together with TPG Inc., Francisco Partners agreed to acquire web tracking and analytics firm New Relic in an all-cash deal valued at $6.5 billion. [79] In August 2023, IBM agreed to sell The Weather Company to Francisco Partners for an undisclosed sum. [80] The sale was finalized on February 1, 2024. [81]
IBM Consulting, rebranded in 2021 from IBM Global Business Services, is the professional services and consulting arm of IBM. [1] It provides services to companies, global government organizations, non-profits and NGOs .
In 2019 Syncsort acquired the software and data business of Pitney Bowes in a $700 million transaction backed by affiliates of Centerbridge Partners and Clearlake Capital Group. [ 37 ] [ 25 ] The deal roughly doubled the company’s size to 2,000 employees and expanded its service offerings to include data enrichment capabilities, such as ...
J&J removed talc-based powders from the market in North America in 2020 and then internationally in 2023. The company says it continues to stand by the safety of its products.
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