Key facts: Oppenheimer rates IBM 'Outperform'; IBM, Cisco to develop quantum network; Parsons partners with IBM for FAA project
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- Oppenheimer has initiated coverage of IBM, assigning an 'Outperform' rating to the stock.1
- IBM and Cisco Systems are collaborating to develop a quantum computing network for long-distance communication between quantum computers, with a proof-of-concept expected in three to five years.2
- Parsons has partnered with IBM to pursue the role of project manager for the FAA's multi-billion-dollar air traffic control overhaul, known as the 'prime integrator.'3