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IBM to provide services for Chinese rail system

March
25

IBM Corp. announced an agreement to provide technology services to Guangzhou Metro Corp., the operator of a rapid transit system in one of China’s largest cities.

Under the agreement, Armonk-based IBM will help Guangzhou Metro manage its information technology systems and its spawling network of four commuter lines, 60 stations and more than 72 miles of rail track. The transit system serves more than two million passengers a day. Financial terms of the agreement were not disclosed.

In addition to the Chinese project, IBM is seeking a share of the $8 billion investment in high-speed rail systems in the United States, according to Bloomberg News. That investment was included in the $787 billion economic stimulus package that was signed into law last month by President Barack Obama.

This entry was posted on Wednesday, March 25th, 2009 at 2:24 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Technology

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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