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Posted by Brian Walker on April 17, 2012
IBM announced today that it is selling its $1.15B Retail Store Solutions (RSS) business delivering and supporting retail point-of-service (POS) terminals to Toshiba for a reported $850 million. IBM will continue to have a nearly 20% stake in the new company formed by the deal, with plans of divesting that over the next three years. With retail being such a core vertical market for IBM, the deal begs some questions.
Why would IBM sell such a significant business in a core vertical market?
What does this mean for IBM’s retail vertical customers?
If you are a client and want to discuss what this means to you, I encourage you to set up an inquiry with me or one of my retail IT colleagues to discuss.
* A reference to the stereotype of the Eugene “treehugger.” Indulge me, I am a University of Washington grad with a bunch of Ducks for in-laws. I take my shots where I can. In all transparency, I too love trees. Go Huskies!