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IBM, NiSource reach $600 million agreement

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IBM Corp. has reached an approximately $600 million deal with NiSource to continue providing a broad range of IT services to the power distributor.

The seven-year agreement includes the creation and management of a hybrid cloud-computing environment that the companies said would enable NiSource to continue to deliver efficient and reliable service to its customers while improving its performance.

IBM has provided IT services to Merrillville-based NiSource Inc. since 2005. NiSource is the holding company for several natural gas and electricity businesses, including Northern Indiana Public Service Co., or NIPSCO.

With more than 821,000 natural gas customers and 468,000 electric customers across the northern third of Indiana, NIPSCO is the largest natural gas distribution company, and the second largest electric distribution company, in the state.

Shares of Armonk, N.Y.-based IBM fell 31 cents Tuesday afternoon, to $191.97 each. NiSource's stock slipped 10 cents to $35.89.

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

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