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Deal Economy 2010: IBM's Mendoza on IT services M&A

Published November 24, 2009 at 5:25 PM
IBM Corp.'s (NYSE:IBM) massive strategic shift into IT services got underway more than a decade ago. Now an impressive list of technology heavyweights is driving harder for a share of that lucrative market. In the past two months, Xerox Corp. (NYSE:XRX), Dell Inc. (NASDAQ:DELL) and Hewlett-Packard Co. (NYSE:HPQ) have announced significant transactions that expand their IT services businesses. How have those deals affected the strategy of sector leader IBM? The company's vice president of corporate development Elias Mendoza says IBM is on track to meet its acquisition targets, but the increased competition for deals has it looking farther into the future as it maps its own strategic moves. See the video below or download it at iTunes. - Suzanne Stevens



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