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SRO: IBM's Giveaway

Apr 12, 2000, 02:15 (0 Talkback[s])
(Other stories by Ed Sperling)

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"IBM is raising the incubator concept to a whole new level. In an effort to accelerate sales of its Netfinity servers and to jump-start sales of its Websphere e-commerce software, the company literally is giving them away to start-ups for six months, with no strings attached."

"...Epoch Internet, an Internet service provider, currently is working with IBM to provide hosting services to dot-com companies in the entertainment business. "Entertainment in the last year has come forward as a market niche that recognizes the need for the Web," says Paul Hoffmann, Epoch's VP of hosting services. "What we do is aggregate bandwidth for them.""

"Like IBM, Epoch will offer its hosting services free of charge for the first six months, providing to its customers Netfinity servers preferably on Red Hat Linux, but also preloaded with Windows 2000 or Windows NT. It also is offering to bring in its own partners, including a law firm, Silicon Valley Bank, Big Five accounting firm Deloitte & Touche, and the Capitalist Group, which can help a start-up fine-tune its business plan. The only minimum requirement is that the start-up have at least $500,000 of seed money to get going."

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