Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...

Gerstner moved to IBM from being the CEO of RJR Nabisco in April 1993 after stints at American Express (AXP.N) and the ...

Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced ...

Louis Gerstner, the former chief executive officer credited with saving IBM Corp. from bankruptcy, has died aged 83, the ...

Gerstner joined IBM from RJR Nabisco in 1993 to rescue the company at a time when it was reporting multibillion-dollar annual losses and oversaw a regimen of job cuts and plant closings as he slashed ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

TL;DR: The ongoing DRAM and memory shortage is driving significant price hikes, with Dell and Lenovo announcing 15-20% increases starting late 2025 and early 2026. Rising memory costs, fueled by AI ...

The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

Inside IBM’s main research center rises a maze of silver towers, each 22 feet tall. Through their vented flanks, you catch glimpses of blinking lights and the shadows of wires. The machine’s ...

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

Let's go back in time to an era of personal computing, where dial-up internet was cutting-edge and desktop monitors were enormous. Specifically, let's jump to April 6, 1992, the day Microsoft released ...