IBM has remained tight-lipped on rumours that it is looking to buy a mobile player, following similar moves by Microsoft with Skype and SAP with Sybase.
During an event on Wednesday ahead of IBM's centennial celebrations on 15 June, V3.co.uk asked IBM UK chief executive Stephen Leonard whether the company had any plans to expand its mobile technology proposition through acquisition.
Leonard said that IBM's focus when it comes to mobile is helping other businesses to extend their software to new devices.
"We are a business-to-business company, so our strategy is to leverage high-value software through business services, so we would currently not consider buying consumer products," he said.
Leonard refrained from commenting on whether an acquisition in the mobile space could make sense for IBM's business-to-business strategy, saying that the company's 2015 growth plan is based around analytics, the smarter planet initiative, cloud computing and growth markets.
Leonard repeated IBM's predictions announced to analysts in April that the company plans to double its earnings per share by 2015.
"You will be hard pressed to find anyone in this market that will give you anything more than a one-year outlook," he said.
"But we believe a five-year outlook is great for investors who want predictability, and it helps us sustain steady investment in research and development, acquisitions and the development of the workforce."
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