Jul 202623
Boeing sells its 50% interest in HRL Laboratories to IBM
Buyer: IBM
UndisclosedClosed Aug 26, 2026
Company
IBM sells hybrid cloud and artificial intelligence technology, software and consulting to business clients. ↗
| Headquarters | Armonk, NY ↗ |
|---|---|
| Founded | 1911 ↗ |
| Leadership | Arvind Krishna, Chairman, President and CEO ↗; Gary D. Cohn, Vice Chairman ↗ |
| Revenue | $67.5 billion (fiscal 2025) ↗ |
| Department of War obligations | $2.1 billion in prime contracts since fiscal 2022 ↗ |
| Ownership | Public ↗ |
| Shares | IBM ↗ |
Buyer: IBM
Buyer: IBM
A pure-play digital modernization solutions provider to the federal government