IT Firms in Green Initiative Must Also Look at Themselves
The Climate Savers Computing Initiative will raise awareness of IT power consumption issues and set aggressive energy efficiency targets. Consider the advice, but question what the firms involved are doing themselves.
Tuesday, June 19, 2007
Thursday, June 14, 2007
IBM to Gain Strength in Development Tools With Telelogic Deal
IBM to Gain Strength in Development Tools With Telelogic Deal
In buying Telelogic, IBM will boost its position in the embedded-development tool market and fill gaps elsewhere in its life cycle management offerings. Customers should expect few short-term product-line changes.
In buying Telelogic, IBM will boost its position in the embedded-development tool market and fill gaps elsewhere in its life cycle management offerings. Customers should expect few short-term product-line changes.
Tuesday, June 12, 2007
FT.com / Companies / IT - IBM launches cash bid for Sweden's Telelogic
FT.com / Companies / IT - IBM launches cash bid for Sweden's Telelogic
IBM launches cash bid for Sweden's Telelogic
By Robert Anderson in Stockholm and Richard Waters in San,Francisco
Published: June 12 2007 03:00 | Last updated: June 12 2007 03:00
IBM launched on Monday a Skr5.2bn ($743m) recommended cash offer for Tele-logic of Sweden, a seller of software development tools used for creating the "embedded" software used in aircraft, automobiles and other complex systems.
The deal is set to boost the technology group's position in a fast growing and high margin part of the corporate software business, while complementing a string of other recent software acquisitions it has made to try to entrench its broader position in industries such as telecommunications and automobile manufacturing.
The Skr21-a-share offer represents a 21 per cent premium on the closing price on May 31. Yesterday, Tele-logic shares were flat at SKr21.50.
IBM plans to generate half its profits from software by the end of this decade, compared with 40 per cent last year, as it moves away from old-style hardware and reduces its reliance on its large technology services.
While its 2003 acquisition of Rational Software made IBM a leader in development tools for traditional IT systems, the Telelogic deal will push it further into thefaster-growing market for embedded systems, which are "baked into" equipment at the time it is produced, according to Kristof Kloekner, head of strategy for IBM software.
"IBM's IT business management facilities are already pretty strong, however Telelogic brings good products that deepen their capabilities without there being a massive amount of overlap," said Bola Rotibi, analyst at Ovum Data-monitor.
"They have developed a portfolio that is very complementary to IBM's existing product portfolio, especially within the Rational brand," said Mike Laurie, IBM business development executive.
A spin-off from theSwedish national telecommunications operator, Tele-logic has been growing fast by acquisition, particularly since it went public in 1999. Last year it had net income of Skr159.9m on sales of Skr1.52bn, up 18 per cent on the year before.
However, the company's share price failed to benefit from acquisitions, while potential targets became more expensive, prompting the company to appoint investment bank UBS to examine its options.
Copyright The Financial Times Limited 2007
IBM launches cash bid for Sweden's Telelogic
By Robert Anderson in Stockholm and Richard Waters in San,Francisco
Published: June 12 2007 03:00 | Last updated: June 12 2007 03:00
IBM launched on Monday a Skr5.2bn ($743m) recommended cash offer for Tele-logic of Sweden, a seller of software development tools used for creating the "embedded" software used in aircraft, automobiles and other complex systems.
The deal is set to boost the technology group's position in a fast growing and high margin part of the corporate software business, while complementing a string of other recent software acquisitions it has made to try to entrench its broader position in industries such as telecommunications and automobile manufacturing.
The Skr21-a-share offer represents a 21 per cent premium on the closing price on May 31. Yesterday, Tele-logic shares were flat at SKr21.50.
IBM plans to generate half its profits from software by the end of this decade, compared with 40 per cent last year, as it moves away from old-style hardware and reduces its reliance on its large technology services.
While its 2003 acquisition of Rational Software made IBM a leader in development tools for traditional IT systems, the Telelogic deal will push it further into thefaster-growing market for embedded systems, which are "baked into" equipment at the time it is produced, according to Kristof Kloekner, head of strategy for IBM software.
"IBM's IT business management facilities are already pretty strong, however Telelogic brings good products that deepen their capabilities without there being a massive amount of overlap," said Bola Rotibi, analyst at Ovum Data-monitor.
"They have developed a portfolio that is very complementary to IBM's existing product portfolio, especially within the Rational brand," said Mike Laurie, IBM business development executive.
A spin-off from theSwedish national telecommunications operator, Tele-logic has been growing fast by acquisition, particularly since it went public in 1999. Last year it had net income of Skr159.9m on sales of Skr1.52bn, up 18 per cent on the year before.
However, the company's share price failed to benefit from acquisitions, while potential targets became more expensive, prompting the company to appoint investment bank UBS to examine its options.
Copyright The Financial Times Limited 2007
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