This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IBM Opens Seventh Mexican Branch In City Of Merida

MERIDA, Yucatan, Mexico, March 21, 2013 /PRNewswire/ -- IBM (NYSE: IBM) today announced the opening a new office in Merida – the largest population center in the Mexican southeastern region - as it continues to expand in the fastest growing cities in the world.

(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO )  

Located in the center of Yucatan metropolitan zone, the Merida office represents an investment of approximately US$ 4 million and becomes IBM's seventh office in the country after those in Mexico City, Guadalajara, Monterrey, Queretaro, Toluca and Puebla.

"Our expansion into fast-growing cities in Mexico such as Merida is in line with growing demand for intelligent solutions from businesses across the region especially in the areas of cloud computing, business analytics, mobile and social computing," said Salvador Martinez Vidal, Country General Manager, IBM Mexico.

"With the opening of the Merida office, IBM reaffirms its long-term commitment to a growing number of clients and business partners who will now benefit from our direct presence in the region," said Mr. Martinez.

Over the past two decades, Mexico has undertaken major reforms to liberalize its economy which has led to the emergence of fast-growing urban centers around the country. Merida´s southeastern location and its connections to Europe, Central and South America and to the Caribbean have enabled the city to become a center for industrial growth.

Merida´s economy has undergone radical transformation in recent years as increasing investments in industries such as food-processing, clothing, education and transportation have increased its value to the regional and national economy.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,106.70 +29.83 0.17%
S&P 500 2,000.02 +2.10 0.11%
NASDAQ 4,570.6370 +13.29 0.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs