IBM 2005 Annual Report Download - page 101
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NotestoConsolidatedFinancialStatements
INTERNATIONALBUSINESSMACHINESCORPORATION ANDSUBSIDIARYCOMPANIES
100_ NotestoConsolidatedFinancialStatements
X.SubsequentEvents
On February15,2006,thecompany completed theacquisition
of Micromuse for approximately $865 million. Micromuse is a
publiclytraded softwarecompany that providesnetwork man-
agement software. The acquisition will be integrated into the
company’sSoftwaresegment.
OnJanuary23,2006,thecompany completedthesaleof
oneofitsrealestateholdingsintheU.S.forapproximately$18
million. The company had previously recorded an impairment
charge,duetothisproperty’sclassificationasanassetheldfor
sale,forapproximately$103 millioninthefourthquarterof2005
which was recorded in Other (income) and expense in the
ConsolidatedStatementofEarnings.
On January 31, 2006, the company announced that the
BoardofDirectorsapprovedaquarterlydividendof$0.20per
common share. The dividend is payable March 10, 2006 to
shareholdersofrecordonFebruary10,2006.