4 Tech Stock Stories for a Savvy Weekend Download
International Business Machines Corp. (NYSE:IBM): Closing price $176.69
IBM said Friday that it licensed a broad range of ARM Cortex processors from ARM Holdings. The corporation plans to offer the new microprocessors to its custom-chip clients, top firms that build network routers, switches, and the cellular base stations that enable pervasive wired and wireless communications throughout the world. The ARM Cortex-A15, Cortex-A12, Cortex-A7 and Cortex-M4 processors, together with the ARM Mali-450 Graphic Processing Unit, are included in the new license agreement.