IBM Pledges $1 Billion For Linux R&D Effort
IBM this week said it would invest $1 billion in a multiyear program to develop Linux and related open-source technologies. The initiative is designed to boost the capabilities of the company's Power System servers for enterprise-class tasks such as cloud computing, big data processing and compute-intensive analytics applications.
IBM is a longtime backer of Linux -- the company invested $1 billion in 2000 to Linux-enable its products -- and this new effort continues that program. The investment shows IBM isn't backing away from its Power Systems server business, which declined 25 percent in the second quarter ended June 30 from the same period one year earlier.