IBM Extends Linux Reach, Challenges Microsoft's Dominance

IBM, the world's largest computer company, has further expanded its support for the free Linux operating system, which now includes devices such as watches. The move marks a significant step in IBM's efforts to make Linux the standard operating system for e-business and challenge Microsoft's position as the dominant player in the industry. Meanwhile, Henry Blodget, a prominent internet analyst, has expressed caution about the dotcom sector, advising investors to adopt traditional valuation methods. Elsewhere, the e-business sector continues to gain momentum, with Investis securing second-round funding and Inchcape targeting e-business opportunities.

Key Takeaways:

  • IBM has extended Linux support to devices such as watches, marking a significant expansion of the operating system's reach.
  • Henry Blodget, a well-known internet analyst, has downgraded several dotcom stocks, citing a shift from "hyper growth" to "long-term growth" and recommending traditional valuation methods.
  • Investis, an internet investor relations business, has secured second-round funding from the Reuters Greenhouse Fund, valued at around £11m.
  • Inchcape, a UK independent automotive distributor, plans to bounce back from disappointing first-half results by targeting e-business opportunities, including a £10m investment in the European arm of Autobytel.
  • SAP, Europe's largest software company, is redeploying its 6,000-strong development team to focus on its web product and reflect its sales and consulting arms.
  • Brian Reid is mentioned as a key figure in the e-business sector, although his specific role or company affiliation is not mentioned.

Statistics:

  • IBM's expansion of Linux support to devices such as watches marks a significant milestone in the operating system's growth.
  • The dotcom sector has shifted from "hyper growth" to "long-term growth," according to Henry Blodget's analysis.
  • Investis has secured an estimated £11m in second-round funding from the Reuters Greenhouse Fund.
  • Inchcape has invested £10m in the European arm of Autobytel, securing a 7.3% stake in the company.
  • SAP's 6,000-strong development team is being redeployed to focus on web product development.

Sources:

  • "IBM extends Linux reach" - no specific publication or date mentioned
  • Henry Blodget's analysis of the dotcom sector - no specific publication or date mentioned
  • Investis secures £11m in second-round funding from Reuters Greenhouse Fund - The Financial Times, May [no date mentioned]
  • Inchcape invests £10m in Autobytel's European arm - The Times, [no date mentioned]
  • SAP redeploying development team to focus on web product - no specific publication or date mentioned
  • Brian Reid mentioned as a key figure in the e-business sector - no specific publication or date mentioned