IBM yesterday (August 3) said it will buy MRO Software for $ 740 million.
Considered a move that marks the growing importance of software products in IBM's global service business.
MRO Software is a company specializing in software to monitor the location and operation of all types of equipment such as aircraft, ships, cars, trucks .
IBM is currently pursuing a strategy to apply more technology to its global service group worth $ 47 billion a year. The acquisition of MRO Software means that some of IBM's product manufacturing processes will be automated by software to increase efficiency, profitability and quality.
" We want to adopt a more cyclical production line solution in providing customer service products ," said Kristof Kloeckner, IBM's vice president of strategy and technology.
Analysts estimate the acquisition of MRO Software is a step forward to achieve the IBM goal.
Software business brings IBM revenue of about $ 15.8 billion a year. MRO has been the 37th company acquired by IBM since 2001. Most of IBM's sales in the past have helped it consolidate its software business.
On Wednesday, IBM also acquired a private software company Webify Solutions to integrate technology that enables different enterprise applications to communicate and share data.
Hoang Dung
IBM announced the acquisition of MRO Software
IBM yesterday (August 3) said it will buy MRO Software for $ 740 million. Considered a move that marks the growing importance of software products in IBM's global service business.
Keep exploring
More in Computer scienceBrowse the category
Next reads
Continue reading
Computer science
Why can't Cốc Cốc download videos to my computer?
Computer science
How to see the path of storm Ragasa updated every minute
Computer science
Top 10 most powerful supercomputers in the world
Computer science
Stop using your phone as a flashlight
Computer science