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IBM: Linux is already paying off

Jan 30, 2002 — by LinuxDevices Staff — from the LinuxDevices Archive

Stephen Shankland of CNET reports that IBM believes it has already nearly recouped the $1 billion it claims to have invested in Linux during 2001. Shankland writes . . . “

Big Blue said more than a year ago that it would invest $1 billion in Linux — spending money on tasks such as bringing the Unix clone to its full line of servers, bringing its broad software portfolio to Linux, training its services and consulting personnel, and placing advertisements such as full-page ads in major daily newspapers.”

” ' We've recouped most of it in the first year in sales of software and systems,' Bill Zeitler, head of the server group, said in an interview before his keynote speech Wednesday at the LinuxWorld Conference and Expo. 'We think it was money well spent. Almost all of it, we got back.' “

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