IBM Takes to Brazil

  • Zacks Equity Research
  • On Tuesday August 18, 2009, 1:35 pm ED

Russia, India and China (known as the BRIC countries) have been the epicenter of growth and technical innovation over the last few years, although India and China have been the favorites among the technological giants IBM Corp. (NYSE: IBM - News) and Hewlett-Packard (NYSE: HPQ - News). But of late, IBM has decided to take a closer look at Brazil, as it believes that country will be the next big technological destination.


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