Icahn will be seated on an expanded board of directors along with two new members from his list of nominees.
Total revenues are way up, as are converged System p server revenues, while System x and System i revenues are down.
IBM and consortium of organizations help focus student training to obtain job opportunities in high-paying financial services sector.
The former VP of IBM's worldwide software sales takes over today as CEO of the Huntsville, Ala.-based IT solutions company that has an eye on growth.
Funding said to strengthen Zend's ability to capitalize on market opportunities.