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IBM Spared $1.6 Billion Award

US Supreme Court upholds IBM win in $1.6 bln software contract case

The U.S. Supreme Court on Monday declined to take up a contract dispute between IBM and rival BMC Software that previously resulted in a $1.6 billion judgment for BMC.

Bloomberg on MSN · 1d

IBM Spared $1.6 Billion Award as Supreme Court Rejects BMC

The US Supreme Court refused to revive a $1.6 billion award against International Business Machines Corp., which was accused by KKR & Co.’s BMC Software of poaching a client in violation of a licensing agreement.

heise online · 10h

US Supreme Court: IBM spared contractual penalty in the billions

The US software giant IBM avoids a fine of 1.6 billion US dollars after the US Supreme Court refuses to hear the case.

Newsable Asianet News on MSN · 6h

IBM’s Legal Momentum Continues With Supreme Court Victory Over BMC, But Retail Sentiment Is Cooling

Shares of International Business Machines Corp. (IBM) edged higher in pre-market trade on Tuesday after reaching an all-time high in the previous session, even as broader markets struggled. The stock’s resilience follows back-to-back courtroom victories.

IBM wins UK lawsuit against LzLabs

Reuters on MSN · 1d

IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology

IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets. IBM sued Switzerland-based LzLabs,

DatacenterDynamics · 1d

IBM wins court battle with LzLabs over mainframe trade secrets

Big Blue's case came to court last year, with the IT giant claiming that Winsopia, a UK subsidiary of LzLabs, bought an IBM mainframe computer and an accompanying license in 2013. The company then used this access to reverse engineer IBM’s mainframe software.

Business Insider · 1d

IBM Wins LzLabs Trade Secrets Case

International Business Machines Corp (IBM) has won its UK court battle against the Switzerland-based tech company LzLabs, which the U.S. firm

IBM’s New Law Leader Got Almost $10 Million to Leave Vanguard

International Business Machines Corp. recruited its chief legal officer Anne Robinson last year with a pay package valued at ...

16h

IBM aims for ‘quantum advantage’ computing within two years

Engineers at IBM are aiming to achieve "quantum advantage" within two years, a milestone quantum computer developers have ...

TechCrunch on MSN11d

IBM closes $6.4B HashiCorp acquisition

IBM has finalized its $6.4 billion HashiCorp acquisition, two days after the U.K.'s antitrust regulator gave the deal its ...

Analytics India Magazine10h

IBM’s ACP is an ‘Extension’ of Anthropic’s MCP

ACP is a part of IBM’s BeeAI, the company’s research project dedicated to AI agents. IBM is currently working on the ...

10d

IBM Completes HashiCorp Acquisition for $6.4 Billion, Expanding Hybrid Cloud Offerings

HashiCorp brings infrastructure provisioning that will help some IBM products run more smoothly in hybrid cloud environments.

11d

IBM Granite 3.2 adds Enhanced Reasoning to its AI mix

IBM ups its AI game by adding experimental chain-of-thought reasoning capabilities to its latest large language model, ...

How Generative AI is Reshaping Manufacturing: The IBM watsonx Advantage

Generative AI revolutionizes manufacturing with quality control, supply chain optimization, predictive maintenance, and enhanced customer service through IBM watsonx.

11hon MSN

IBM dodges BMC's $1.6B bullet in US as London court slaps down LzLabs

In 2017, BMC accused IBM of unfairly replacing BMC's software with its own on AT&T's mainframes. In 2022, a Texas court ordered Big Blue to pay BMC $1.6 billion for breach of contract.

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IBM Spared $1.6 Billion Award

IBM wins UK lawsuit against LzLabs

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