Organization: IBM Corp

IBM acquires Toronto-based Platform Computing Inc

IBM Corp, Armonk NY, has purchased Toronto-based Platform Computing Inc for an undisclosed sum to boost its capabilities in the emerging high-performance computing sector. As an early entrant into the field of grid computing, Platform has seen success with its Load Sharing Facility software which allows information technology departments of companies to manage exploding data…

IBM snares Cognos in $5-billion purchase

IBM Corp, Armonk NY, is acquiring Ottawa-based Cognos Inc for US$5 billion, the largest acquisition in IBM’s history and the 23rd in its so-called information-on-demand strategy. The deal is the latest development in the rapidly consolidating field of firms in the business intelligence and performance management software sector, following SAP AG‘s merger with Business Objects…

MDS PROTEOMICS FORGES AHEAD WITH EXPANSIONS

MDS Proteomics Inc is continuing to increase its research capabilities despite its recent withdrawal of an initial public offering with the completion of a new facility in Odense Denmark and an expansion of Toronto facilities. The 3,000-sq-m Danish facility will house more than 60 scientists, several customized mass spectrometers and the world’s 11th largest cluster…

MDS Proteomics and IBM strike major collaboration

IBM Corp‘s Life Sciences Unit and MDS Proteomics Inc (MDSP) have entered into a multi-faceted collaboration that will see the two firms launch research projects and establish a publicly available bioinformatics database available to researchers worldwide. As part of the agreement, IBM will make an equity investment in MDSP and become a preferred supplier of…