« European News | Main | Alliances »

April 18, 2007

Top Stories

CIBA TAPS BT FOR MANAGED SERVICES...BT is entering into a strategic supplier agreement with Ciba Specialty Chemicals (Ciba), to provide a broad package of managed ICT-services to Ciba's operations around the world. This includes deploying a global IP telephony solution running across a BT managed LAN and WAN service, a global IT security solution and a flat rate voice service. The partnership will provide Ciba with improved management of costs for existing infrastructure, together with a technology refresh over the life of the agreement to equip Ciba with a modern suite of networked IT services to support business operations globally. Headquartered in Switzerland, Ciba Specialty Chemicals is active in more than 120 countries.

IBM FIRST QUARTER EARNINGS UP...IBM (NYSE: IBM) today announced first-quarter 2007 diluted earnings of $1.21 per share from continuing operations, an increase of 12 percent as reported, compared with diluted earnings of $1.08 per share in the first quarter of 2006. First-quarter income from continuing operations was $1.8 billion compared with $1.7 billion in the first quarter of 2006, an increase of 8 percent. Total revenues for the first quarter of 2007 of $22.0 billion increased 7 percent (4 percent, adjusting for currency) from the first quarter of 2006.

FREEBORDERS NAMES NEW TOP EXECUTIVE...Freeborders, a leading provider of technology solutions and outsourcing from China, announced that Jean Cholka has been named President and Chief Executive Officer. Cholka most recently was a member of the executive team at Kanbay International, the highly successful global IT services consultancy based in Chicago with large delivery centers in India.

EDS ISSUES DIVIDEND...EDS declared a dividend of $0.05 per share on its common stock, payable June 11, 2007, to shareholders of record as of the close of business May 15, 2007.

US TECHNOLOGY OPENS KL CENTER...US Technology has opened a new center in Kuala Lumpur, Malaysia. Located in the prestigious SME Technopreneur Centre in Cyberjaya, the new Malaysia facilities will expand the company’s Asia Pacific operations and extend its capabilities to provide services to enterprises throughout Malaysia, Singapore and Hong Kong – one of the fastest-growing regions in the world.

Posted by jbowles at April 18, 2007 08:34 PM