International Business Machines News

International Business Machines Corp said on Monday it launched Linux-only mainframe servers called LinuxONE.

International Business Machines Corp said it would buy Merge Healthcare Inc, which provides medical images and clinical systems, in a $1 billion deal and combine it with its Watson Health analytics unit.

Shares of the world`s largest technology services company fell about 5 percent in after-market trading on Monday.

IBM said a unit of the Weather Co will move its weather data services onto IBM`s cloud, so that customers can use the data in tandem with IBM`s analytics tools. 

International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.

International Business Machines Corp brought back annual performance bonuses for its chief executive and her top lieutenants for 2014 despite falling profits and a tumbling stock price, a regulatory filing showed on Friday.

The closing purchase price is lower than the $2.3 billion valuation announced in January.

Unlike most chips, which operate on pre written paths, IBM`s version processes data in realtime and is capable of dealing with ambiguity, the company said. It runs on the energy equivalent of a hearing aid.