Seeking Alpha

IBM and AT&T (T) are partnering to offer a solution that includes the former's cloud storage...

IBM and AT&T (T) are partnering to offer a solution that includes the former's cloud storage and IT services, and the latter's telecom network. Bloomberg calls the deal the "closest relationship" IBM, whose offerings sometimes compete with the value-added services provided by telcos, has ever formed with a phone carrier. Cloud storage spending is taking off, and IBM is hoping to generate $7B in cloud-related revenue in 2015.
Comments (3)
  • This makes sense.

     

    Why don't I own IBM?
    9 Oct 2012, 01:52 PM Reply Like
  • Good question :-)
    Go buy IBM, it's never too late ;-)
    11 Oct 2012, 02:15 PM Reply Like
  • Joining of a couple of titans. I think I like that.
    9 Oct 2012, 03:35 PM Reply Like
DJIA (DIA) S&P 500 (SPY)