UBS Raises Price Target on IBM (IBM) to $150; Remains Sidelined Following 1Q

IBM Cloud Video Unveils Ustream eCDN

April 19, 2016 8:00 AM EDT

ARMONK, N.Y., April 19, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today unveiled Ustream eCDN, a software solution for enterprises to support the growing and widespread use of internal, streaming video. Ustream eCDN is designed to reduce the impact of video traffic on an enterprise network, enabling businesses of any size to deliver high quality streaming video throughout their organization while maintaining network performance.

While video has become an essential mode of communication at the... More

IBM Closes Acquisition of Aperto

April 19, 2016 6:00 AM EDT

ARMONK, N.Y., April 19, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has completed the acquisition of Aperto -- a leading digital agency with headquarters in Berlin, Germany to join IBM Interactive Experience (IBM iX). Financial details were... More

IBM Reports 2016 First-Quarter Earnings

April 18, 2016 4:08 PM EDT

Transformation Progress Continues with Strong Growth in Strategic Imperatives

Highlights

Diluted EPS: Operating (non-GAAP) of $2.35; GAAP of $2.09 Revenue from continuing operations of $18.7 billion Strategic imperatives revenue of $29.8 billion over the last 12 months represents 37 percent of IBM revenue Cloud revenue of $10.8 billion over the last 12 months For cloud delivered as a service, annual run rate of $5.4 billion in the quarter, up 46 percent adjusting for currency, up 42 percent as reported year to year Free cash flow of $14.3 billion over... More

AOL Deploys IBM Aspera Software to Accelerate and Automate Global Media Production and Distribution

April 18, 2016 8:30 AM EDT

LAS VEGAS, April 18, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced that AOL, a global digital media and technology company, has deployed a full suite of high-speed transfer and automation software from Aspera, an IBM company, as the backbone for its new media management platform, to deliver high performance transfers between bi-coastal production facilities and to and from their cloud-based media asset management system, to enable large scale global collaboration and content distribution between creative teams... More

IBM Unveils New Aspera FASPStream Software for Live and Near-Live Streaming of Broadcast-quality Video Content Over IP Networks with Low Start-up Delays and Glitch-free Experiences

April 18, 2016 8:15 AM EDT

LAS VEGAS, April 18, 2016 /PRNewswire/ -- 2016 NABShow, booth #SL4910 -- IBM (NYSE: IBM) today announced at the 2016 NABShow that Aspera, an IBM company, is unveiling Aspera FASPStream, a new turnkey application software line designed to enable live streaming of broadcast-quality video globally over commodity Internet networks with glitch-free playout and negligible start-up time reducing  the need for expensive and limited satellite-based backhaul, transport and distribution.... More

IBM Cloud Video Powers CBC's Next-Generation, Ad-Supported Streaming Video Service

April 18, 2016 8:03 AM EDT

TORONTO and ARMONK, N.Y., April 18, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced that the Canadian Broadcasting Corporation (CBC), Canada's national public broadcaster, is leveraging IBM Cloud Video's Clearleap platform to bring their next-generation, ad-supported streaming video service to Canadians nationwide. The collaboration helps deliver audiences seamless access to their favorite CBC programming, including CBC-TV and digital originals, documentaries and Kids' CBC across Web, iOS and Android devices.

The video service features a... More

IBM Cloud Video Announces New Clients and Product Innovations

April 18, 2016 8:03 AM EDT

LAS VEGAS, April 18, 2016 /PRNewswire/ -- Demonstrating momentum for IBM's newly created Cloud Video unit, IBM (NYSE: IBM) today announced that Comic-Con HQ, Canadian Broadcasting Corp,... More

IBM Cloud Video to Power Comic-Con HQ New Subscription Video-On-Demand Channel

April 18, 2016 8:02 AM EDT

ARMONK, N.Y., April 18, 2016 /PRNewswire/ -- IBM Cloud Video's Clearleap platform will power Comic-Con HQ's new subscription video-on-demand platform. As part of its multi-year deal, IBM (NYSE: IBM) Cloud Video will serve as Comic-Con HQ's technology partner, powering their live-streamed video productions and providing fans with seamless access to the Comic-Con experience 365 days a year. IBM Cloud Video will also provide the ad-free streaming video platform with back-end support for subscriber and content... More

IBM and the University of Illinois to Pioneer Next-Generation Cognitive Computing Systems

April 15, 2016 8:21 AM EDT

YORKTOWN HEIGHTS, N.Y. and URBANA, Ill., April 15, 2016 /PRNewswire/ -- IBM Research (NYSE: IBM) today announced plans for a multi-year collaboration with the University of Illinois Urbana-Champaign to create the Center for Cognitive Computing Systems Research (C3SR) which will be housed within the College of Engineering on the Urbana campus. Opening in the summer of 2016, the C3SR will integrate and advance scientific frontiers in both machine learning and heterogeneous computing systems optimized for new cognitive computing... More

On the Latest BizWireTV Cars Get Night Vision and Healthy Eating Made More Accessible

April 15, 2016 6:00 AM EDT

Featuring Alibaba, Ford, Pfizer and Whole Foods

NEW YORK--(BUSINESS WIRE)-- No Lights? No Problem as testing underway for cars that see in the dark and a magical movie trailer engages audiences around the world on the latest episode of BizWireTV now featuring the Top Five Most-Shared Stories of the... More