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IBM to spend $1 billion on Linux [ZDNet]

Dec 12, 2000 — by Rick Lehrbaum — from the LinuxDevices Archive — views

Mary Jo Foley, ZDNet News editor, reports that IBM is planning to invest $1 billion in Linux in 2001. Foley writes . . .

“Delivering the keynote address at the eBusiness Expo and Conference, [IBM CEO Lou] Gerstner said IBM's planned $5 billion spending spree — especially in the areas of integration and infrastructure — was intended to address the hard problems facing e-businesses in the coming years. The company's name for this strategic thrust is 'e-business infrastructure' . . .”

“IBM will invest $1 billion in 2001 to step up its Linux work, [Lou Gerstner] told attendees. He said IBM will spend some of this money on initiatives already in the works for the 1,500 IBM developers currently Linux-enabling IBM's products and helping customers move Linux into production. 'We're convinced Linux can do for business applications what the Internet did for enterprise applications,' Gerstner said. In short, 'delivering on any-to-any computing'. . .”

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