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Here's why IBM just sold a $1.8 billion chunk of its software business to Indian IT company HCL (IBM, HCLTECH.NS)

Business Insider Saturday, 8 December 2018
Here's why IBM just sold a $1.8 billion chunk of its software business to Indian IT company HCL (IBM, HCLTECH.NS)· As part of its efforts to focus on "high-value" products, IBM will sell seven software products to the Indian company HCL for $1.8 billion, the company announced Thursday.
· While HCL shares fell 5% following the news, Wall Street is feeling good (or at least, better) about IBM's decision to sell.
· The products were part...
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News video: Tech M&A Actions Shows No Signs of Abating

Tech M&A Actions Shows No Signs of Abating 02:44

Mergers and acquisitions in the tech space have helped fuel growth in recent years, especially as the cost of debt has remained low. In fact, over just the past four years M&A activity has totaled more than $16 billion, spearheaded by large scale tech acquisitions like the IBM and Red Hat deal....

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