“IBM said Monday it’s forming a brain trust of prominent venture
capitalists in a bid to encourage innovators to develop products
for Big Blue instead of Microsoft.“In particular, the Armonk, New York-based company is partnering
with VC movers and shakers to rally support for IBM’s vision of
‘open standards.’ It’s the term for computer programs that can
communicate with each other and can plug into any type of computer
system…”
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