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Red Herring: IBM Taps VCs to Beat Microsoft

Aug 23, 2005, 19:00 (4 Talkback[s])

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"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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