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How IBM is flipping the switch on pension plans. IBM contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years. And ...
1994 – Loral acquires IBM's Federal Systems Division, which becomes Loral Federal Systems. May 5, 1995 – Loral acquires Paramax , the defense unit of Unisys , for $862 million in cash. January 8, 1996 – Lockheed Martin agreed to purchase the defense electronics and system integration businesses of Loral for $9.1 billion. [ 7 ]
The following is a chronological list of people who have served as chief executive officer of IBM, an American multinational technology and consulting corporation headquartered in Armonk, New York. Thomas J. Watson (1914–1956) [1] Thomas J. Watson, Jr. (1956–1971) [1] T. Vincent Learson (1971–1973) [1] Frank T. Cary (1973–1981) [1]
1956–1972. Since 1972. International Business Machines (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering ...
September 11, 2024 at 4:19 PM. (Reuters) - IBM said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of ...
ROLM Corporation was a technology company founded in Silicon Valley in 1969. [1] IBM Corp. partnered with the company, and ROLM Mil-Spec was sold to Loral Corporation and later to Lockheed Martin in 1996 as Tactical Defense Systems. IBM's ROLM division was later half sold to Siemens AG in 1989, whereupon the manufacturing and development became ...
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51 Astor Place. 51 Astor Place. 770 Broadway is visible reflected in its windows. 51 Astor Place is an office building on Astor Place in the East Village neighborhood of Manhattan, New York City. It was developed by Edward J. Minskoff Equities. It is the headquarters of IBM's IBM Watson Group division. Like neighboring building Astor Place ...