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IBM acquires Ustream live video platform

2016-01-22 08:59:00| Telecompaper Headlines

(Telecompaper) IBM has acquired Ustream, a provider of cloud-based live video streaming services. The move will extend the IBM Cloud platform to help enterprise clients unlock the value of video. Financial terms were not disclosed but reports put the deal at around USD 130 million.

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International Business Machines Corp. (IBM) Stock Rating Reaffirmed by Jefferies Group

2016-01-22 02:57:43| Semiconductors - Topix.net

's stock had its "sell" rating restated by research analysts at Jefferies Group in a note issued to investors on Wednesday, Marketbeat reports. Other hedge funds and institutional investors have recently bought and sold shares of the company.

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IBM Bets on Video Streaming with $130 Million Ustream Buy

2016-01-21 18:47:36| Electronics - Topix.net

In a bid to expand its portfolio of cloud-based computing services, International Business Machines Corp. has acquired Ustream Inc., a seller of video streaming services, in a deal valued at $130 million. Ustream adds to IBM's growing portfolio of video services and gives the company a stronger position in a market that could be worth $105 billion by 2019 as businesses increasingly use video as way of reaching customers, according to Steve Canepa, the general manager of telecommunications media and entertainment at IBM.

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IBM Bets on Video Streaming with $130 Million Ustream Buy

2016-01-21 18:46:59| Semiconductors - Topix.net

In a bid to expand its portfolio of cloud-based computing services, International Business Machines Corp. has acquired Ustream Inc., a seller of video streaming services, in a deal valued at $130 million. Ustream adds to IBM's growing portfolio of video services and gives the company a stronger position in a market that could be worth $105 billion by 2019 as businesses increasingly use video as way of reaching customers, according to Steve Canepa, the general manager of telecommunications media and entertainment at IBM.

Tags: video buy million ibm

 

International Business Machines Corp. (IBM) Given New $150.00 Price Target at JMP Securities

2016-01-20 16:47:27| Semiconductors - Topix.net

The firm currently has an "outperform" rating on the technology company's stock. JMP Securities' price objective suggests a potential upside of 17.09% from the company's current price.

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