Tech Stock Update: IBM (NYSE:IBM), Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG)

Several tech stocks could see some changes today. The following listed companies should see some movement: IBM (NYSE:IBM), Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG).

Here is a more detailed look at stories affecting the firms’ stock prices.

IBM (NYSE:IBM)

IBM (NYSE:IBM)

Netezza has been bought by IBM (NYSE:IBM).

IBM (NYSE:IBM) said that it has finalized the acquisition deal with the data warehousing specialist Netezza for $1.7 billion. It is expected that the acquisition will boost IBM (NYSE:IBM)’s production, and thereby the total revenue.

Arvind Krishna, IBM (NYSE:IBM)’s General Manager for Information Management said “It’s no longer just the CIO; every single department from finance to marketing professionals is tapping into the capabilities of analytics to draw meaningful insights.”

Apple Inc. (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL)

The prestigious ‘Best Gadget’ award has been given to Apple Inc. (NASDAQ:AAPL) for its iPad.

The Mac maker beat the competition from Amazon’s Kindle and Sky 3D on the poll to win the best gadget and readers’ gadget award.

Fraser Macdonald, Stuff magazine editor and judge, said: “The iPad’s success was by no means pre-ordained. It’s expensive and functionally limited. But it is also quite gloriously indispensable and only making itself more so with the increasing number of apps and accessories. To see it is to want it, and that’s why it’s our gadget of the year.”

Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG)

Staff in Google Inc. (NASDAQ:GOOG)’s India office may be swelling, as the number of engineers is increased.

Peeyush Ranjan, Managing Director [R&D], Google Inc. (NASDAQ:GOOG) India said that the search engine giant is planning to double the total number of engineering staff in a couple of years.

“Our plan is to make Hyderabad as a centre of excellence for cloud computing. We are optimistic about the growth of cloud activities in the country and we would be hiring more to serve our clientele who are seeing a fundamental shift towards cloud for new businesses.”

We could possibly see more movement as the markets continue for IBM (NYSE:IBM), Apple Inc. (NASDAQ:AAPL) and Google Inc. (NASDAQ:GOOG).

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