Bloomberg.UK: IBM Teams With 3 Venture Firms to Sell Linux Telecom Services
Feb 06, 2003, 09:00 (0 Talkback[s])
(Other stories by Hui-yong Yu)
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"International Business Machines Corp... joined with three
venture capital firms to boost sales of products that run on the
Linux operating system.
"The three firms, 3i Group Plc, Mayfield Fund and Worldview
Technology Partners, finance companies that develop technology
based on Linux, which is distributed free over the Internet as an
alternative to Microsoft Corp.'s Windows system. IBM said it will
get new Linux technologies, and the venture capital firms will gain
access to IBM's worldwide testing and sales network.
"IBM and other technology companies are supporting Linux to
reduce dependence on Windows. Fledgling Linux companies are forming
alliances to try and kick-start sales slowed by the economic slump.
The alliance, called the Telecom Venture Coalition, doesn't involve
cash payments by either side..."