Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Sucks! :-) -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (1695)	3/16/1998 10:51:00 AM
From: yard_man	Respond to of 3244

Cold. Very cold. On another note. IBM is branching out: IBM to buy chemical industry consulting firm ARMONK, N.Y., March 16 (Reuters) - International Business Machines Corp said Monday it agreed to acquire Chem Systems Group Inc, a privately-held management consulting firm focused on the chemical and petroleum industries. In a statement announcing the deal, IBM cited opportunities arising ''from the trend towards consolidation and globalization in the chemical and petroleum industries'' as its motivation for the acquisition. Terms of the acquisition were not disclosed, but a source familiar with the deal put the price at around $30 million. Chem Systems, which employs about 160 people worldwide, will function as part of IBM's Global Services Consulting Group. IBM will take on Chem Systems' employees and its offices in Tarrytown, N.Y., London, Tokyo and Bangkok.