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Archive for the 'IBM' Category

IBM buys Mass. software company

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 | del.icio.us Digg
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IBM researchers build tiny switch to route data

March
17

Researchers at IBM Corp’s Yorktown Heights research center have developed technology that allows information within a computer chip using light pulsesĀ  instead of electrons, the company said today.

In building the world’s tiniest nanophotonic switch, researchers have added an important building block to control the flow of information inside future chips and can significanty speed up chip performance while using less energy, IBM said.

Posted by David Schepp on Monday, March 17th, 2008 at 4:30 pm | del.icio.us Digg
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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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