IBM to buy software co Unica for $480 mn

NEW YORK, USA: IBM said on Friday it will buy marketing software firm Unica Corp for about $480 million in cash to expand its business software and technology services, sending Unica shares up 117 per cent.

IBM, which recently said it would buy more companies to move further into software and services, will pay around $21 per Unica share, a premium of about 120 per cent from Thursday’s close.

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IBM Launches Lotus Notes Traveler for the Apple iPad

IBM June 8 formally anointed its free Lotus Notes Traveler Companion application with support for Apple's iPad. While Apple has shipped 2 million iPads in less than two months, the tablet is not yet at an inflection point where businesses are snapping them up for employees the way they contracted with PC makers to buy multiple machines. IBM hopes some of its more than 145 million Lotus Notes users will buy iPads and will want to access their work e-mail, calendar and contracts from those comfortable devices.......................................................

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