Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

IBM Buys 5.92 Million Bright Ocean Shares for 50 Million Yuan

Bright Oceans Inter-Telecom Corp. said International Business Machines Corp. bought 5.92 million of its shares from its parent for 50 million yuan ($7.37 million), according to a filing to Shanghai’s stock exchange.

IBM has pledged not to sell the stake in the next year, Bright Ocean said in the statement. The Chinese company wants to add strategic investors that can help bolster its product development and increase its international exposure, Bright Oceans said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.