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IBM To Continue Acquisition Spree

Tuesday, October 12, 2010

IBM's torrid acquisition pace will continue for the foreseeable future as the tech conglomerate looks to round out its existing portfolio of IT products and services while seeking new offerings that will position it for future growth markets.

IBM has announced or closed 12 deals so far this year, including four in just the past three weeks. "Rate and pace of that is not going to change," said IBM senior VP for Software Solutions Mike Rhodin, speaking Thursday at a tech industry conference in Barcelona, Spain, according to the Reuters news agency.

Article sourced from www.intelligent-enterprise.com, click here to read full story.

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