IBM 2005 Annual Report Download - page 101
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Please find page 101 of the 2005 IBM annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.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.