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Computer industry

Tech Giants Score Big Wins in Multibillion-Dollar Contracts

Strategic Insights

— 2 min read

IBM has secured a 10-year contract with Honeywell Corp. to design customized chips for military applications, while Microsoft Corp. Chairman Bill Gates receives a staggering 4 million pieces of junk email per day. Meanwhile, Nvidia Corp. has signed a licensing agreement with Intel Corp. to tap into Intel's processors, and Dell Inc. is giving away six Cadillac Escalade SUVs loaded with tech toys in a holiday sweepstakes.

IBM's engineering team in Austin will develop customized versions of the Power microprocessor for Honeywell's "network-centric" systems. This contract is worth several hundred million dollars and involves engineering electronics for military aircraft, missiles, munitions, guided projectiles, and space vehicles. Honeywell wants access to IBM's Power chip architecture to build next-generation systems for battlefield weapons and vehicles.

Key Takeaways:

  • IBM has secured a 10-year contract with Honeywell Corp. worth several hundred million dollars to design customized chips for military applications.
  • IBM's Austin-based engineering team will develop customized versions of the Power microprocessor for Honeywell's "network-centric" systems.
  • Microsoft Corp. Chairman Bill Gates receives 4 million pieces of junk email per day, with a team helping to sort through it all.
  • Nvidia Corp. has signed a licensing agreement with Intel Corp. to tap into Intel's processors, enabling Nvidia to make integrated graphics chips.
  • Dell Inc. is giving away six Cadillac Escalade SUVs loaded with tech toys in a holiday sweepstakes, with prizes worth over $64,000 each.
  • Mirage Networks Inc. has struck a marketing alliance with Japan's Mitsui & Co. to sell Mirage's network security software in Japan, aiming to sell $9.5 million worth of products by the end of 2005.

Statistics:

  • 4 million: The number of junk emails Bill Gates receives per day.
  • $9.5 million: The target sales of Mirage Networks Inc. in Japan by the end of 2005.
  • $64,000: The value of each prize package in Dell's holiday sweepstakes.
  • 10 years: The duration of IBM's contract with Honeywell Corp.
  • 60: The number of employees at Mirage Networks Inc.
  • Several hundred million dollars: The worth of IBM's contract with Honeywell Corp.

Sources:

  • "IBM wins bid to design chips for Honeywell" (exact source not provided).
  • "Receive a lot of spam? Not as much as Gates" (from "Singapore business Times", exact date not mentioned).
  • "Japanese firm to sell Mirage security product" (exact source not provided).
  • "Nvidia and Intel sign licensing agreement" (from "New York Times", exact date not mentioned).
  • "Dell giving away SUVs, tech toys in sweepstakes" (exact source not provided).

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