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LzLabs launches product to move mainframe COBOL code to Linux cloud

Somewhere in a world full of advanced technology that we write about regularly here on TechCrunch, there exists an ancient realm where mainframe computers are still running programs written in COBOL.

This is a programming language, mind you, that was developed in the late 1950s, and used widely in the ’60s and ’70s and even into the ’80s, but it’s never really gone away.