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Those quarterly checks paid $0.0625 per split-adjusted share 30 years ago. Today, the quarterly payout is $1.67 per share, or $6.68 per year. That's a 2,572% increase in three decades.
1992 – IBM sells its remaining 50 percent stake in the Rolm Company to Siemens A.G. of Germany. [221] 1994 – Xyratex enterprise data storage subsystems and network technology, formed in a management buy-out from IBM. 1995 – Advantis (Advanced Value-Added Networking Technology of IBM & Sears), a voice and data network company.
Kyndryl. [ 3] Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider. [ 4][ 5][ 6] Headquartered in New York City [ 7] and created from the spin-off of IBM 's infrastructure services business in 2021, the company designs, builds, manages and develops large-scale information systems. [ 4][ 5 ...
Children. 2. Website. www .gerstner .org. Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes ...
This morning IBM officially spun out its infrastructure services into a new business called Kyndryl, one that, by the way, has revenue of $19 billion out of the gate as a public company. Whatever ...
Despite the weakness in its consulting division, IBM's Q2 performance was strong enough to drive IBM's share price upward, and now it's not far from the 52-week high of $199.18 reached in March ...
Year-to-date, shares of the technology company have outpaced all of the Magnificent Seven companies, excluding red hot chipmaker Nvidia and social media giant Meta. View this interactive chart on ...
Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.6 billion in cash to buy Apptio — which has built a platform to track how and where data lives in hybrid ...
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