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IBM spins off managed infrastructure services unit as separate company

IBM says it will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company; thus splitting the company into two separate entitities.

Lexmark Buys Software Maker Kofax For $1B

Printing and imaging company Lexmark has entered into a merger agreement, in which the company will acquire Kofax, a company that provides smart process applications for approximately $1...