Archives

July 9, 2019 @ 3:14 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced on Tuesday it has acquired all of the issued and outstanding common shares of open hybrid cloud technologies provider Red Hat for $190 per share in cash, which represents equity value of approximately $34 billion. IBM reported that the acquisition it… Read More

June 18, 2019 @ 2:26 pm By Samantha Hurst  |  

IBM announced on Tuesday the launch of its enterprise blockchain platform’s latest version. IBM reported that its vision is a fully-flexible blockchain platform, built around a well-managed open source distributed ledger technology, that can truly run in virtually any computing infrastructure. It was revealed: “Clients… Read More

March 19, 2019 @ 5:27 am By Erin Hobey  |  

Yesterday IBM (NYSE: IBM)  introduced Blockchain World Wire, a real-time global payments network for regulated financial institutions accessible to more than 50 countries. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, Blockchain World Wire claimants to be the first blockchain network… Read More

September 29, 2016 @ 7:06 am By Erin Hobey  |  

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM. While banks and financial market… Read More