The IT giant IBM plans to expand its software business with the
acquisition of medium-sized companies. For the U.S. companies could
invest 100 million to 300 million dollars (75 million to 225 million
euros), the news agency Bloomberg reported on Tuesday citing IBM
executive Steve Mills.
IBM makes software with a turnover of 22.5 billion dollars, over
one-fifth of the total turnover of 99.9 billion last year. IBM has
already taken over the past five years, nearly 50 software companies,
including suppliers of solutions for data analysis, management of supply
chains and computer security. CEO Sam Palmisano had spent as a target to
increase by 2015 the total turnover of 20 billion U.S. dollars.
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