Archive for 2007
Wednesday, July 18th, 2007
IBM Rumors: Layoffs and Paul Horn Retirement
I’ve been pretty slack over the past year with rumors, mostly because I’m not sure how to confirm them. I dislike whisper mills so I’ve shied away from them unless I feel pretty good about what I’ve heard. But this is, after all, a blog, so I feel like I can take some [...]
6 Comments » - Posted in People, Research by Greg
Monday, July 16th, 2007
IBM Buys DataMirror for $161M
IBM is still aggressively acquiring software companies to flesh out its security suite. IBM announced an all cash plan to purchase Ontario-based data protection firm DataMirror for $161m.
DataMirror produces data protection and auditing software for different types of applications, databases, operating systems and hardware platforms. The software moves high volumes of data directly [...]
No Comments » - Posted in General by Greg
Wednesday, June 27th, 2007
IBM Petaflops but Sun Will Next Year
Are there awards for least informative headlines? Just wondering.
Anyhow, supercomputer rankings came out today, and yet again IBM tops the list.
HP has passed IBM in the number of supercomputers in operation and enjoys the largest market share, according to a list of the Top 500 supercomputers that was compiled by university computer [...]
1 Comment » - Posted in News by Greg
Monday, June 25th, 2007
IBM’s Fortran Turns Fifty
The programming language Fortran celebrates its 50th anniversary this year. In 1957 IBMer John Backus and his team released their Fortran compiler, IBM model 704. The goal of this development was to reduce the cost of programming scientific applications by providing an ‘automatic programming system’ to replace assembly language with a notation closer to [...]
No Comments » - Posted in General by Greg
Thursday, May 31st, 2007
Layoffs Continue, 3000 plus in May
Layoffs continue at IBM, this time it seems concentrated on GTS (Global Technology Services) employees, with 1600 more anounced May 30th. IBM didn’t disclose where they were, but according to local news, about 100 of those are in Triangle, 50 in Colorado, a dozen or so in Endicott, 72 in MA and 25 in [...]
2 Comments » - Posted in News by Greg
Wednesday, May 30th, 2007
IBM 120
Barron’s had a statement on IBM this week saying that shares could easily climb above $120, citing eps growth (fewer outstanding shares), software sales growth and growth in emerging markets. That was the number I had in my head to, and I thought I’d blogged it (I was looking to toot my own horn) [...]
No Comments » - Posted in Performance by Greg
Monday, May 21st, 2007
IBM announces new 4.7GHz dual-core Power6 chips
IBM today announced what it claims to be the “fastest microprocessor ever built.”
Per the www.theregister.co.uk/2007/05/21/ibm_power6_p570/
The updated p 570 system that can hold one to eight of the new 4.7GHz dual-core Power6 chips. When running the TPC benchmark, an eight-way version of the p 570 reached a score of 1.6m, which IBM reckons is three times [...]
No Comments » - Posted in News by Greg
Saturday, May 19th, 2007
30 Percent?
Has anyone heard about a 30% domestic workforce reduction for IBM? I’d love to hear what you know, either via comments or through the contact form.
No Comments » - Posted in General by Greg
Friday, May 4th, 2007
100,000 US Layoffs Rumored
PBS’s Cringley, who has covered IBM (see last year’s disaster in the making quote) for some time wrote an article claiming that IBM is stealthfully in the process of laying off 100,000 US employees. Wow! That would explain the rumblings. That’s a third of their global workforce and a sizable percentage of [...]
3 Comments » - Posted in General by Greg
Tuesday, May 1st, 2007
Periodic IBM Layoffs Continue
I remarked a while back about IBM’s occasional, under the radar, layoff policy and that’s what seems to be happening now again, this time in Colorado it seems (not according to Cringley though… see big “job action”). Per a reuter’s report:
IBM the world’s largest technology services company, is cutting 1,315 services-related jobs in the [...]