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Article: United States: IBM to Invest in Developing Markets, New Acquisitions Head Says.
- Article from:
- TendersInfo
- Article date:
- September 2, 2009
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Byline: Mamta03
International Business Machines Corp., whose leader pledged to go on offense during the recession, will make investments and acquisitions in developing countries, its new mergers chief said.
Growth markets are very high on the list of priorities for IBM and very high on the list of priorities for me, Eli Mendoza, head of corporate development at the Armonk, New York- based company, said in an interview. We re going to continue to grow very aggressively.
The economies of Brazil, Russia, India and China each grew at least 5 percent last year -- about five times the rate for the U.S. Mendoza, who took on his new role June 15, ...