During 2023, we invested $5.1 billion in acquisitions and returned $6.0 billion to shareholders through dividends. Total debt of $56.5 billion at December 31, 2023 increased $5.6 billion driven by net debt issuances. We were opportunistic in accessing the debt market and issued $9.5 billion...
Today’s news marks IBM’s first acquisition of 2023. Since Arvind Krishna became CEO in April 2020, IBM has acquired 30 companies to bolster its hybrid cloud and artificial intelligence (AI) capabilities. The rising adoption of hybrid cloud has resulted in...
Strong competency in acquisitions.Over the last 13 years, from 2000 to 2012, IBM has acquired more than 140 companies in strategic areas including analytics, cloud, security and commerce. This has led to substantial growth in software and consulting offerings from IBM and established the company a...
Strategic acquisitions of technology, AI and consulting companies have strengthened its position in the competitive market Marketing efforts of IBM include sponsoring events like Olympics, Wimbledon, US Open, NFL, Golf tournaments and more The company invests in TV commercials, print ads, billboards,...
Acquisitions will probably give us a little bit less than two points of that growth in 2024. So, two points from high-value recurring revenue, a little bit less than two points of acquisition, and then Red Hat, to your point. We actually delivered about what we said in fourth quarter. ...
president and CEO, Red Hat Acquisition positions IBM as the leading hybrid cloud provider and accelerates IBM’s high-value business model, extending Red Hat’s open source innovation to a broader range of clients IBM preserves Red Hat’s independence and neutrality; Red H...
risks from investing in growth opportunities; failure of the company's intellectual property portfolio to prevent competitive offerings and the failure of the company to obtain necessary licenses; the company's ability to successfully manage acquisitions, alliances and dispositions, including integration cha...
Strategic reprioritization should be top of mind for the C-suite. Last year, Pfizer and GSK left the consumer health sector to prioritize novel drug and vaccine development and core innovation. We saw targeted mergers and acquisitions to replenish pipelines, which will continue in 2023. Novartis ...
In addition, IBM has enhanced the suite's capabilities via strategic acquisitions. For example, the inclusion of SOAR capabilities results from the purchase of Resilient in 2016, while the EDR capabilities are attributed to the addition of ReaQta in 2021. Additionally, the QRadar Suite includes a...
and multiple modes of transport.Those companies leading the waythe Visionary Vanguards and Sustainability Supportersare dedicating 8to 9of their overall investments toward next-gen energy.Much of that comes through mergers and acquisitions;bp acquired a 40.5equity stake in the Asian Renewable Energy ...