View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 21, 1997updated 03 Sep 2016 12:46pm


By CBR Staff Writer

IBM Corp is to sell $1.5bn worth of software in a supplier agreement to services giant Electronic Data Systems Corp, and is heralding it as the biggest software deal ever. In fact, the companies have been doing business on this scale for some time, and the latest deal looks more like a simplification of the terms under which IBM provides software to EDS. EDS is expected to make a saving with this new agreement, compared with the money it had previously been paying the computer giant. The software involved in the agreement will include systems management offerings from Tivoli Systems Inc, groupware from Lotus Development Corp and database capabilities with DB2. Last week Merrill Lynch & Co estimated that IBM’s applications generate $1bn a year, while system software sales amount to $12bn, and host software $9bn. Revenue generated from distributed software from the likes of Tivoli and Lotus accounts for $3bn a year (CI No 3,315).

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.