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Share Name | Share Symbol | Market | Type |
---|---|---|---|
International Business Machines Corp | NYSE:IBM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.03 | 0.62% | 166.74 | 167.00 | 166.24 | 166.24 | 225,853 | 14:59:02 |
By Kimberly Chin
IBM Services, the professional-services arm of International Business Machines Corp. (IBM), has agreed to provide managed information-technology services to Nordea Bank.
Under the $540 million multiyear agreement, the bank will outsource the majority of its IBM Z mainframe servers and software operations to IBM.
Nordea, which has had a working relationship with IBM since 2003, will also transfer Nordea employees to IBM to work with the company on technology support.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
January 08, 2019 07:43 ET (12:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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