IBM acquires UrbanCode, terms not disclosedApril 22, 2013 - 20:58 AMT PanARMENIAN.Net - Computing giant IBM said that it will acquire privately held UrbanCode, a Cleveland-based company that specializes in automating the delivery of software and applications that run in the cloud. As is usually the case with IBM deals, financial terms were not disclosed, AllThingsD reported. UrbanCode’s play is to speed up the development and delivery of software. Big Blue says it will be integrated into its SmartCloud and MobileFirst offerings. UrbanCode’s technology, IBM said, helps businesses cut down the time between updates to applications. The deal is IBM’s second of 2013. In a note to clients, ISI analyst Brian Marshall estimated that the company has spent about $12 billion on small tuck-in acquisitions during the last three years. Word of the deal comes a week after IBM reported a disappointing quarterly earnings miss that was interpreted as a bad sign for the rest of the IT industry. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. Lavrov sees ‘collapse’ of Russia’s ties with Armenia Russian Foreign Minister Sergey Lavrov has underscored heightened tensions between Russia and Armenia. Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine |