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IBM Is Getting Ready To Fight For A Place In The Cloud Universe [Yahoo! Finance News]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
It all started whenInternational Business Machines CorporationIBMAnd the target is quite high – to reduce the gap between IBM and cloud industry leaders likeAmazon.com, Inc.AMZNMicrosoft CorporationMSFTChanges In IBM After The Red Hat dealRed Hat became the "unit" of IBM's hybrid cloud division, leading to some changes in the C-Suite. Ginni Rometty, IBM's CEO who led the company since 2012 stepped down, but she will stay in IBM in the role of executive chairman of the Board until the end of 2020 when she plans to retire after spending almost 40 years in the company. For her successor, the company chose Arvind Krishna, who has been with the company since 1990. Krishna's previous position as IBM's senior vice president for cloud and cognitive software is more proof of the company's strategy in the cloud segment. He was the one responsible for IBM's acquisition of Red Hat for $34 billion.On top of that, Red Hat's CEO Jim Whitehurst, who joined IBM's senior management team to report to CE Show less Read more
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