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CRN Tech News Reveals the Top Five Tech Companies to Benefit from the Stimulus

FRAMINGHAM, Mass., Oct. 9, 2012 /PRNewswire/ -- An exclusive CRN Tech News investigative report reveals that IBM, Microsoft, General Electric, and other high tech firms were among those that got access to U.S. Taxpayer dollars under president Obama's stimulus plan, yet apparently created very few jobs in the process.


This series of articles, available only on the CRN Tech News App for iPad, explores the "Five Tech Companies that Milked the Stimulus."  According to the series, the five top companies profiled for this exclusive report received a total of $745.82 million in ARRA awards and slashed their U.S. workforces collectively by an estimated 50,000 employees. 

The five tech companies that milked the stimulus without creating many new jobs include:

  • Microsoft
  • Computer Sciences Corporation
  • General Electric
  • IBM
  • Honeywell International

Additional articles in this week's series to include:

  • Five One Percenters Milking the Stimulus
  • Sizing up the Stimulus: Where are the Jobs?
  • Presidential Election: 12 Top Tech Execs Bundling for the Candidates

"It is our goal to provide CRN Tech Users with unique content on the technologies, companies, individuals and issues that matter most in today's market," said Kelley Damore, UBM Channel Senior VP and Editorial Director. "Our in-depth analysis of the high profile IT companies that gained from the 2009 ARRA funds and an investigative look into their progress to date, is exactly the kind of unique content users can expect week to week, designed to keep readers armed with timely and relevant content on the go." 

To read more, download the new CRN app, search "CRN Tech News" in the iPad App store or go directly to the app download page.

CRN Tech News
The CRN Tech news app was designed for channel executives needing mobile access to content and tools to better run their business.  It's also ideal for investigative news fans interested in learning more about the IT channel's big picture. Each week app subscribers will have access to in-depth reports exclusively from the CRN Tech News.

About UBM Channel
UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives, managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us at Follow us on Twitter at

UBM plc (
UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.

Scott Regan
UBM Channel
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