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Another Day, Another Billion Dollar Promise For IBM (And An Acquisition As Well)

Big news today from IBM's Pulse conference in Las Vegas. The company, newly laser focused on executing a credible cloud strategy, is investing another billion dollars in its cloud business. Following on from a recent announcement to spend $12B on increasing the global footprint of their SoftLayer cloud product, the company is promising another $1B investment - this time to be used to bolster the offerings available on top of SoftLayer.