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Here's why IBM just sold a $1.8 billion chunk of its software business to Indian IT company HCL (IBM, HCLTECH.NS)

Credit: Business Insider- Published 1 week ago
· As part of its efforts to focus on "high-value" products, IBM will sell seven software products to the Indian company HCL for $1.8 billion, the company announced Thursday.
· While HCL shares fell 5% following the news, Wall Street is feeling good (or at least, better) about IBM's decision to sell.
· The products were part...
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