IBM Corporation (IBM) Signs 5-Year Strategic Agreement With Applied Materials (AMAT)
IBM Corporation (NYSE: IBM) today announced that it has signed a five-year strategic agreement to provide Applied Materials (Nasdaq: AMAT), with information technology (IT) application development and maintenance services.
Under the agreement, IBM will be responsible for software application development, support and deployment. It will help centralize application support and increase efficiencies for Applied by providing a stable, flexible and scalable IT platform for its worldwide operations.
International Business Machines Corporation (IBM) is an information technology (IT) company. The Company’s major operations include Global Technology Services segment (GTS), Global Business Services segment (GBS), Software segment, Systems and Technology segment, and Global Financing segment.[SM]
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