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IBM Acquisition List Boasts 33% Israeli Companies
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by Algemeiner Staff
IBM CEO Samuel Palmisano speaking with interns. Photo: wiki commons.
Morgan Stanley recently published a list of 21 companies IBM should consider purchasing as the technology giant looks to fulfill it’s goal of spending $20 billion by 2015 in acquisitions.
7 of the 21 companies listed are Israeli. ClickSoftware Technologies Ltd., Verint Systems Inc., Check Point Software Technologies Ltd., NICE Systems Ltd., Comverse Technology Inc., Radware Ltd., and Amdocs Ltd. were all part of Morgan Stanley’s recommendation to IBM, designed to improve the company’s standing in areas where they are not already a leader or have little presence at all.
IBM, which is listed on the NYSE has settled above $200 per share of late, marking an all time high for the company’s stock price. Since 2005, they have spent close to $25 billion in acquisitions.
Israel represents the second largest non U.S. country in the world with listings on American exchanges.
