IBM Acquires Application Porting Services Business From Privately Held Sector7

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ARMONK, N.Y. - 30 Sep 2003: IBM today announced it has acquired the application porting services business from Sector7, a privately held software applications services company that specialized in helping customers to lower IT costs by migrating software applications to operate on IBM platforms using the Linux and AIX operating systems. Financial terms were not disclosed.

IBM has acquired a majority of Sector7's assets and intellectual property. It will also hire Sector7 employees to work in IBM Global Services on projects that include On Demand services offerings to reduce the time and cost associated with migrating to Linux, and the related consolidation of servers and databases.

IBM has worked extensively over the past several years with Sector7, which was established in the U.K. in 1985 and moved to Austin, Texas in 1989.

IBM Global Services is the world's largest information technology services and consulting provider, generating over $36 billion in 2002. Approximately 180,000 professionals serve customers in more than 160 countries, providing the entire spectrum of customers' e-business needs -- from the business transformation and industry expertise of IBM Business Consulting Services to hosting, infrastructure, technology design and training services. IBM Global Services delivers integrated, flexible and resilient processes -- across companies and through business partners -- that enable customers to maximize the opportunities of an on-demand business environment.


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