Louis Gerstner, who took over International Business Machines (IBM) Corp when it was on its deathbed and resuscitated it as a ...
Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...
The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.
Gerstner also had a son, Louis Gerstner III, who preceded him in death. Louis Gerstner III passed away in 2013 when he choked while eating at a restaurant, according to The New York Times. The younger ...
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 ...
Oversaw a significant resurgence in Big Blue’s fortunes during the dotcom era IBM has announced the death of its former CEO ...
Three compelling AI stocks that offer attractive dividend yields are International Business Machines (NYSE: IBM), Cisco ...
Hot Chips 25 was held August 24-26 on the Stanford University campus again this year, with many exciting and interesting presentations. I’ve noticed an overall trend with more focus being placed on ...
IBM has launched its what it claimed most advanced power server to date, named IBM Power11, in India. Built for the new era of enterprise AI, Power11 is engineered to deliver real-time AI inferencing, ...
International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Making Waves on Wall Street. On July 8, the company announced a new lineup of data center chips and servers. The IBM ...
International Business Machines on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out ...
IBM has revealed IBM Power11, the next generation of IBM ® Power servers. Redesigned with innovations across its processor, hardware architecture, and virtualisation software stack, Power11 is ...