IBM invests $1 billion into Linux - Future of open-source technologies

09/18/2013 - 00:00

By Steven J. Vaughan-Nichols - 

On September 17, IBM will announce at LinuxCon 2013 that it will invest $1 billion in new Linux and open-source technologies for its Power Systems servers. This announcement comes 12 years after IBM famously announced that it was backing the then unproven Linux with a billion-dollar investment.

Jim Zemlin, executive director of the Linux Foundation, said, "The last time IBM committed $1 billion to Linux, it helped start a flurry of innovation that has never slowed. We look forward to seeing how the Power platform can bring about further innovation on Linux, and how companies and developers can work together to get the most out of this open architecture."