- April
- 18
IBM Corp. acquired Diligent Technologies Corp., a Framingham, Mass., technology company, the Armonk-based computing giant said today.
Terms of the deal weren’t disclosed.
Diligent, which has operations in Tel Aviv, Israel, develops “de-duplication†software that helps organizations reduce the amount and cost of of physical storage needed in data centers. Diligent will be folded into Armonk-based IBM’s System Storage business unit, Big Blue said.
Separately, IBM said it signed a $2.8 billion agreement with Cetelem, a subsidiary of French banking giant BNP-Paribas, to upgrade Cetelem’s consumer financial services operations in Argentina.
Posted by David Schepp on Friday, April 18th, 2008 at 2:45 pm |
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- April
- 17
Hudson Valley Bank plans to open a new branch in Brooklyn, the Yonkers-based financial-services company said today.
The planned office, at 16 Court Street, will focus on serving the needs of attorneys and nonprofit organizations, as well as other businesses and individuals, in downtown Brooklyn, bank President and Chief Executive Officer James J. Landy said.
The branch is expected to open in early summer.
Hudson Valley Bank has 26 branches in Westchester, Rockland, New York City and Stamford, Conn. It is a unit of Hudson Valley Holding Corp., which also owns New York National Bank, formerly NYNB Bank.
Posted by David Schepp on Thursday, April 17th, 2008 at 10:55 am |
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- April
- 15
Starwood Hotels & Resorts Worldwide Inc. has entered into a $375 million loan agreement with various lenders as part of an amended credit agreement, the hotelier disclosed in a regulatory filing today.
Proceeds from the loan will be used to repay debt, to pay fees and expenses related to the repayment and for general corporate purposes, the White Plains-based company said.
Posted by David Schepp on Tuesday, April 15th, 2008 at 4:27 pm |
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- April
- 14
Hudson Valley Bank has opened a new branch on Manhattan’s West Side, it said today.
The office, at 112 W. 34th St., near Herald Square and Penn Station, joins three others the Yonkers-based financial-services company operates in Manhattan.
Hudson Valley Bank is a unit of Hudson Valley Holding Corp., which also owns NYNB Bank.
Posted by David Schepp on Monday, April 14th, 2008 at 4:50 pm |
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