Thursday, June 30, 2016

Qualcomm Files Patent Infringement Complaints against Meizu in China

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Qualcomm Files Patent Infringement Complaints against Meizu in China

PR Newswire

SAN DIEGO, June 30, 2016 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) announced that it has filed patent infringement complaints against Meizu for infringing its patents covering a broad range of features and technologies used in smartphones, including those relating to 3G (WCDMA and CDMA2000) and 4G (LTE) wireless communications standards. The complaints were filed in the Intellectual Property Courts in Beijing and Shanghai.

Qualcomm has for more than a year negotiated in good faith with Meizu to sign a patent license agreement consistent with the terms of the rectification plan submitted by Qualcomm to, and accepted by, China's National Development and Reform Commission (NDRC) in 2015. More than 100 other Chinese companies have already accepted the rectification plan terms, including the largest Chinese mobile device suppliers. However, Meizu has refused to engage in good faith negotiations with Qualcomm, choosing instead to engage only in delay tactics. Meizu did not respond to Qualcomm's last offer in April 2016.

"Meizu has refused to engage in good-faith negotiations despite admitting that it sells products that infringe Qualcomm's valuable Chinese patents," said Don Rosenberg, executive vice president and general counsel, Qualcomm Incorporated. "Meizu is attempting to obtain an unfair and improper cost advantage over its competitors. Regrettably, we must turn to court actions in order to protect our rights, and importantly, to maintain fairness and a level playing field for the more than 100 Chinese companies that are respectful of patent rights and have entered into license agreements in conformance with the resolution reached by Qualcomm with the NDRC."

These actions are related to the license terms action filed by Qualcomm against Meizu in the Beijing Intellectual Property Court and announced on June 23, 2016.

About Qualcomm 

Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

Qualcomm Contacts:
Tina Asmar, Public Affairs
Phone:  1-858-845-5959
Email: corpcomm@qualcomm.com

Warren Kneeshaw, Investor Relations
Phone:  1-858-658-4813
Email: ir@qualcomm.com

SOURCE Qualcomm Incorporated

Web Site: http://www.qualcomm.com


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Eaton Vance Bank Loan Closed-End Funds Announce Tender Offers For Outstanding Auction Preferred Shares

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Eaton Vance Bank Loan Closed-End Funds Announce Tender Offers For Outstanding Auction Preferred Shares

PR Newswire

BOSTON, June 30, 2016 /PRNewswire/ -- Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) and Eaton Vance Senior Income Trust (NYSE: EVF) (the "Funds") announced today that their Boards of Trustees have authorized tender offers to purchase up to 27% and 44%, respectively, of their outstanding auction preferred shares ("APS") at a price per share equal to 95% of the APS liquidation preference of $25,000 per share, plus any unpaid APS dividends accrued through the tender date. 

Each Fund's tender offer will be subject to the satisfaction of such conditions as will be set forth in the Fund's offer to purchase and related letter of transmittal.  Among the conditions, each tender offer is subject to the Fund increasing its credit facility and the availability of sufficient funds thereunder to finance the purchase of the APS in the tender offer.  The complete terms and conditions of the tender offer will be set forth in the Fund's tender offer materials, which will be filed with the Securities and Exchange Commission ("SEC") and distributed to APS holders.   

This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of the Funds. Any tender offer will be made only by an offer to purchase, a related letter of transmittal and other related documents, which will be filed with the SEC as exhibits to a tender offer statement on Schedule TO and available free of charge at www.sec.gov. The Funds will also make available, without charge, the offers to purchase and the letters of transmittal.  APS holders should read these documents and related exhibits for the applicable Fund, as they contain important information about the tender offer.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV).  Based in Boston, Eaton Vance is one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $321.0 billion in assets as of May 31, 2016, offering individuals and institutions a broad array of investment strategies and wealth management solutions. For more information about Eaton Vance, visit www.eatonvance.com.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond a Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

SOURCE Eaton Vance Management

CONTACT: Investor Contact: (617) 672-8818


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Scanning Specialty Retail, Other Equities -- Office Depot, Alibaba Group Holding, eBay Inc., and Staples

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Scanning Specialty Retail, Other Equities -- Office Depot, Alibaba Group Holding, eBay Inc., and Staples

PR Newswire

NEW YORK, June 30, 2016 /PRNewswire/ --

On Wednesday, June 29, 2016, the NASDAQ Composite ended the trading session at 4,779.25, up 1.86%; the Dow Jones Industrial Average advanced 1.64%, to finish at 17,694.68; and the S&P 500 closed at 2,070.77, up 1.70%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Office Depot Inc. (NASDAQ: ODP), Alibaba Group Holding Ltd (NYSE: BABA), eBay Inc. (NASDAQ: EBAY), and Staples Inc. (NASDAQ: SPLS). Learn more about these stocks by accessing their free trade alerts at:

http://stock-callers.com/registration

Office Depot Inc.'s stock finished Wednesday's session 1.25% higher at $3.24 with a total volume of 8.17 million shares traded. The Company operates in three segments: North American Retail, North American Business Solutions, and International. The stock is trading below its 50-day moving average by 24.93%. Office Depot's stock traded at a PE ratio of 216.00 and has a Relative Strength Index (RSI) of 32.06. Sign up and read the free notes on ODP at:

http://stock-callers.com/registration/?symbol=ODP


Alibaba Group Holding Ltd, through its subsidiaries, operates as an online and mobile commerce Company in the People's Republic of China and internationally. The stock advanced 2.31% to close the day at $78.04 with a total volume of 11.43 million shares traded. The stock is trading 4.25% above its 200-day moving average. Additionally, Alibaba Group Holding's stock traded at a PE ratio of 18.57 and has an RSI of 51.87. The complimentary notes on BABA can be downloaded in PDF format at:


http://stock-callers.com/registration/?symbol=BABA


On Wednesday, shares in San Jose, California headquartered eBay Inc. which operates e-commerce platforms that connect various buyers and sellers worldwide, ended the session 1.39% higher at $23.31 with a total volume of 9.12 million shares traded. Shares of the Company traded at a PE ratio of 14.17. The stock is trading 3.05% below its 50-day moving average. Moreover, shares of eBay have an RSI of 43.13. Register for free on Stock-Callers.com and access the latest research on EBAY at:

http://stock-callers.com/registration/?symbol=EBAY


On Wednesday, shares in Staples Inc. which together with its subsidiaries, operates office products superstores, ended the day 1.42% higher at $8.57 with a total volume of 6.43 million shares traded. The Company operates in three segments: North American Stores & Online, North American Commercial, and International Operations. Shares of the Company traded at a PE ratio of 15.36. The stock is trading below its 50-day moving average by 5.59%. Furthermore, shares of Staples have an RSI of 45.02. Get free access to your trade alert on SPLS at:

http://stock-callers.com/registration/?symbol=SPLS

--

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In-Car Infotainment Market is Expected to Reach $33.8 Billion by 2022

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In-Car Infotainment Market is Expected to Reach $33.8 Billion by 2022

PR Newswire

PORTLAND, Oregon, June 30, 2016 /PRNewswire/ --

According to a new report published by Allied Market Research titled "World In-Car Infotainment Market", The world in-car infotainment market is expected to reach $33.8 billion by 2022, registering a CAGR of 13.3% during 2016 - 2022.

     (Logo: http://photos.prnewswire.com/prnh/20140911/647229 )

Europe has emerged as the most promising region, exhibiting a huge demand for in-car infotainment within the automotive car sector. In 2015, the market for in-car infotainment in Europe was valued at $4.6 billion in 2015. However, Asia-Pacific would be the fastest growing region during the forecast period owing to the burgeoning automotive production and sales coupled with the increasing disposable income of the consumers in the region.

To know more about the report, visit website at: https://www.alliedmarketresearch.com/in-car-infotainment-market

Market is analyzed with regards to revenue contribution made by different segments in world in-car infotainment market. In global market, in-car infotainment installation type segment is mainly driven by aftermarket sub segment, which accounted for around 54% of the market revenue in 2015. Aftermarket installation is less expensive as compared to OEM installation, thereby driving the growth of aftermarket. However, OEM installation market is expected to grow faster in the near future since OEM manufacturers are increasingly offering personalized infotainment systems as well as standard infotainment systems in the mid-car segment.

Within the components segment, hardware accounted for the maximum revenue share in 2015, owing to its high cost and wide-deployment. However, efficient and effective development of infotainment software applications is expected to drive the market in the near future. The software market is estimated to register a CAGR of 14.4% during 2016 -2022.

Key Findings: 

  • Hardware component segment accounts for the larger share and is expected to dominate the market during the forecast period. The segment is anticipated to lead the market with over 60% revenue share throughout the analysis period.
  • Asia-Pacific would be the fastest growing region over the forecast period
  • OEM installation segment of in-car infotainment market has exhibited a strong growth potential, accounting for a higher CAGR as compared to the aftermarket segment.

The report also outlines the competitive environment of world in-car infotainment market, while providing a comprehensive study of key strategies adopted by market leaders. The prominent companies profiled in the report include Panasonic Corporation, Harman International Industries, Bayerische Motoren Werke AG (BMW), Fujitsu Ten Ltd., Delphi Automotive PLC, Denso Corporation and others.

Similar Reports Published by Allied Market Research -

World Advanced Driver Assistance Systems (ADAS) Market - The European countries exhibit the maximum adoption of ADAS applications. In Europe, the European New Car Assessment Program (NCAP), established by the government, imposes stringent regulations on car manufacturers in order to provide optimum on road security to the driver.

View the Advanced Driver Assistance Systems (ADAS) Market Report at https://www.alliedmarketresearch.com/ADAS-market

World Connected Car Market - 2G, 3G and 4G/LTE are the network technologies that are deployed for connectivity within the cars. Amongst these, 2G technology used for providing connectivity will gradually fade out, and will be replaced by the 3G and LTE technologies. Some of the prime reasons for this technological shift would be the rapidly changing telecommunication technology and the introduction of faster & reliable communication networks.

View the Connected Car Market Report at https://www.alliedmarketresearch.com/connected-car-market

About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
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Direct: +1(503)505-6949
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ISS Turns to IBM Watson IoT to Transform Management of 25,000 Buildings Worldwide

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ISS Turns to IBM Watson IoT to Transform Management of 25,000 Buildings Worldwide

Global Leader in Facilities Management Taps Insight from Sensors and Devices to Put the 'Human Touch' into Buildings

PR Newswire

ARMONK, N.Y., NEW YORK and COPENHAGEN, Denmark, June 30, 2016 /PRNewswire/ -- ISS, ISS A/S (ISS.CO, ISS DC, ISSDY), a leading global provider of facility services, has signed a commercial agreement with IBM (NYSE: IBM) to use the power of Watson IoT to transform the management of over 25,000 buildings around the world.

Headquartered in Copenhagen, ISS is one of the world's largest private employers with over half a million staff managing everything from concierge to cleaning, catering to technical maintenance for thousands of high profile clients including Rolls-Royce, Nordea, Novartis and the UK's Royal Air Force.

Through the new agreement, ISS will tap IBM's Watson IoT platform, consulting and advanced facilities management technologies to transform the services it provides to building owners and users around the world with the goal of making buildings more personalized, intuitive and user-friendly.

Working with IBM, ISS will integrate and analyse data from millions of devices and sensors embedded into buildings including doors, windows, chairs, meeting rooms, dispensers and air conditioning systems. Data will be uploaded onto IBM's Watson IoT cloud platform and cognitive computing technologies will learn from this data helping ISS optimise its services as well as furthering its understanding of how people use buildings, thereby creating new opportunities for innovation.

For example, sensors in doors and entrance areas can tell a real estate manager how many people are in a building at any one time and sensors on plate dispensers can inform kitchen staff of how many people are still likely to need to eat – helping staff to prepare the right amount of food and avoid wastage. Sensors in meeting rooms, chairs and tables not only help building managers better manage room occupancy and cancel unwanted room bookings, but also inform service staff when a room needs more refreshments or requires cleaning.

"In today's highly competitive market, managing and servicing buildings should no longer just be about cost," said Jeff Gravenhorst, CEO of ISS. "With a dashboard overview of key building metrics displayed on mobile devices, facility managers will benefit from an integrated, real-time view of the services and supplies within their buildings enabling them to adopt a more pro-active, flexible and responsive approach to building management and customised service delivery. Putting real time data into the hands of service staff will help to foster more attentive and service-minded employees, supporting our customers in achieving their priorities. Putting a 'human touch' in buildings helps to increase employee productivity, decrease absenteeism and makes a better impression on visitors."

"With this agreement we are taking the power of technology and the power of service and putting those together to enable ISS to make buildings better for their users," said Harriet Green, General Manager, IBM Watson IoT. "The key thing is to find out how people will work in the future. By analysing data from sensors we are helping ISS to uncover new insight that will help to ensure buildings are the kinds of places where people want to be, not just need to be."

As a first step, ISS has already fitted its Copenhagen headquarters, which serves as an innovation lab for the service group, with hundreds of sensors connected to IBM's Watson IoT platform and TRIRIGA facilities management software to help improve room bookings and catering services for the 250 employees based in the building. The next phase will be the implementation of the cognitive IoT technology at selected customer sites.

To view a film giving ISS's perspective on the agreement, please visit:
http://bit.ly/29s8r1k

To view a film showing the transformation of ISS's Copenhagen HQ, please visit:
http://bit.ly/297I6Gj

To view an image relating to this announcement, please visit:
http://bit.ly/2974N1s

To view an infographic relating to this announcement, please visit:
http://ibm.co/296xgR7

About ISS
The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world's leading Facility Services companies. ISS offers a wide range of services such as: cleaning, catering, security, property and support services as well as facility management. Global revenue amounted to DKK 79.6 billion in 2015 and ISS has approximately 500,000 employees and activities in more than 75 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers.

For more information on the ISS Group, visit www.issworld.com.

About IBM Watson IoT
IBM is an established leader in the Internet of Things with more than 4,000 client engagements in 170 countries, a growing ecosystem of over 1,400 partners and more 750 IoT patents which together help to draw actionable insight from billions of connected devices, sensors and systems around the world. Building on the company's $3 billion USD commitment to bring Watson cognitive computing to IoT, in December 2015 IBM announced a new global headquarters for IBM's new Watson IoT unit in Munich Germany, bringing together 1,000 IBM developers, consultants, researchers and designers to drive deeper engagement with clients and partners. IBM TRIRIGA Facilities Manager identifies underutilized facilities and workspaces that can be used more effectively to help reduce costs. TRIRIGA is a Software as a Service platform which helps to increase facilities utilization and improves the effectiveness of a distributed workforce. It also provides move management capabilities for more efficient personnel and asset relocation.

For more information on IBM Watson IoT, please visit www.ibm.com/iot

Contacts

Manuel Viglius
Global Media Relations Manager, ISS A/S
Manuel.Vigilius@group.issworld.com
+45 3817 6404

Benedicte Strøm
IBM Denmark
BStroem@dk.ibm.com
+45 5163 8873

Jonathan Jessop Batty
External Relations Leader, IBM Watson IoT
jonathanb@uk.ibm.com
+44 7880 086571

 

 

 

 

Video - http://youtu.be/mk0C_rRhMOw 
Video - http://youtu.be/sfeo8tbzG4k 
Photo - http://photos.prnewswire.com/prnh/20160630/385230-INFO
Photo - http://photos.prnewswire.com/prnh/20160630/385233 
Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO

SOURCE IBM

Web Site: http://www.ibm.com/


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ISS Turns to IBM Watson IoT to Transform Management of 25,000 Buildings Worldwide

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ISS Turns to IBM Watson IoT to Transform Management of 25,000 Buildings Worldwide

Global Leader in Facilities Management Taps Insight from Sensors and Devices to Put the 'Human Touch' into Buildings

Canada NewsWire

ARMONK, N.Y., NEW YORK and COPENHAGEN, Denmark, June 30, 2016 /CNW/ -- ISS, ISS A/S (ISS.CO, ISS DC, ISSDY), a leading global provider of facility services, has signed a commercial agreement with IBM (NYSE: IBM) to use the power of Watson IoT to transform the management of over 25,000 buildings around the world.

Headquartered in Copenhagen, ISS is one of the world's largest private employers with over half a million staff managing everything from concierge to cleaning, catering to technical maintenance for thousands of high profile clients including Rolls-Royce, Nordea, Novartis and the UK's Royal Air Force.

Through the new agreement, ISS will tap IBM's Watson IoT platform, consulting and advanced facilities management technologies to transform the services it provides to building owners and users around the world with the goal of making buildings more personalized, intuitive and user-friendly.

Working with IBM, ISS will integrate and analyse data from millions of devices and sensors embedded into buildings including doors, windows, chairs, meeting rooms, dispensers and air conditioning systems. Data will be uploaded onto IBM's Watson IoT cloud platform and cognitive computing technologies will learn from this data helping ISS optimise its services as well as furthering its understanding of how people use buildings, thereby creating new opportunities for innovation.

For example, sensors in doors and entrance areas can tell a real estate manager how many people are in a building at any one time and sensors on plate dispensers can inform kitchen staff of how many people are still likely to need to eat – helping staff to prepare the right amount of food and avoid wastage. Sensors in meeting rooms, chairs and tables not only help building managers better manage room occupancy and cancel unwanted room bookings, but also inform service staff when a room needs more refreshments or requires cleaning.

"In today's highly competitive market, managing and servicing buildings should no longer just be about cost," said Jeff Gravenhorst, CEO of ISS. "With a dashboard overview of key building metrics displayed on mobile devices, facility managers will benefit from an integrated, real-time view of the services and supplies within their buildings enabling them to adopt a more pro-active, flexible and responsive approach to building management and customised service delivery. Putting real time data into the hands of service staff will help to foster more attentive and service-minded employees, supporting our customers in achieving their priorities. Putting a 'human touch' in buildings helps to increase employee productivity, decrease absenteeism and makes a better impression on visitors."

"With this agreement we are taking the power of technology and the power of service and putting those together to enable ISS to make buildings better for their users," said Harriet Green, General Manager, IBM Watson IoT. "The key thing is to find out how people will work in the future. By analysing data from sensors we are helping ISS to uncover new insight that will help to ensure buildings are the kinds of places where people want to be, not just need to be."

As a first step, ISS has already fitted its Copenhagen headquarters, which serves as an innovation lab for the service group, with hundreds of sensors connected to IBM's Watson IoT platform and TRIRIGA facilities management software to help improve room bookings and catering services for the 250 employees based in the building. The next phase will be the implementation of the cognitive IoT technology at selected customer sites.

To view a film giving ISS's perspective on the agreement, please visit:
http://bit.ly/29s8r1k

To view a film showing the transformation of ISS's Copenhagen HQ, please visit:
http://bit.ly/297I6Gj

To view an image relating to this announcement, please visit:
http://bit.ly/2974N1s

To view an infographic relating to this announcement, please visit:
http://ibm.co/296xgR7

About ISS
The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world's leading Facility Services companies. ISS offers a wide range of services such as: cleaning, catering, security, property and support services as well as facility management. Global revenue amounted to DKK 79.6 billion in 2015 and ISS has approximately 500,000 employees and activities in more than 75 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers.

For more information on the ISS Group, visit www.issworld.com.

About IBM Watson IoT
IBM is an established leader in the Internet of Things with more than 4,000 client engagements in 170 countries, a growing ecosystem of over 1,400 partners and more 750 IoT patents which together help to draw actionable insight from billions of connected devices, sensors and systems around the world. Building on the company's $3 billion USD commitment to bring Watson cognitive computing to IoT, in December 2015 IBM announced a new global headquarters for IBM's new Watson IoT unit in Munich Germany, bringing together 1,000 IBM developers, consultants, researchers and designers to drive deeper engagement with clients and partners. IBM TRIRIGA Facilities Manager identifies underutilized facilities and workspaces that can be used more effectively to help reduce costs. TRIRIGA is a Software as a Service platform which helps to increase facilities utilization and improves the effectiveness of a distributed workforce. It also provides move management capabilities for more efficient personnel and asset relocation.

For more information on IBM Watson IoT, please visit www.ibm.com/iot

Contacts

Manuel Viglius
Global Media Relations Manager, ISS A/S
Manuel.Vigilius@group.issworld.com
+45 3817 6404

Benedicte Strøm
IBM Denmark
BStroem@dk.ibm.com
+45 5163 8873

Jonathan Jessop Batty
External Relations Leader, IBM Watson IoT
jonathanb@uk.ibm.com
+44 7880 086571

 

ISS, the world's leading facilities management company, is posed to transform buildings into happier and more people friendly work environments with the IBM Watson IoT Platform

 

Global Facilities Management Leader ISS Partners with IBM Watson IoT to Make Buildings Better. Andrew Price, Chief Commercial Officer, ISS (left) and Nils J. van der Zijl , Business Unit Executive, IBM Watson IoT Europe (right).

 

IBM Corporation logo.

 

Video - http://youtu.be/mk0C_rRhMOw 
Video - http://youtu.be/sfeo8tbzG4k 
Photo - http://photos.prnewswire.com/prnh/20160630/385230-INFO
Photo - http://photos.prnewswire.com/prnh/20160630/385233 
Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO

SOURCE IBM

Web Site: http://www.ibm.com/


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