A week and a half after announcing the pending spinoff of its managed infrastructure services unit into a new, publicly traded company, Big Blue execs tried to give analysts a preview of what a more streamlined, focused IBM (NYSE: IBM) might look like: A cloud-centered innovator — and an acquisitive one at that. In its latest quarter, Red Hat made an impact in a big way. IBM reported revenue of $17.6 billion for its third quarter, down 2.6%. Its cloud revenue, however, was $6 billion, up 19%. And…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/10/21/ibm-ceo-expect-acquisitions.html?ana=RSS&s=article_search
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