| IBM will spend $1 billion to challenge Microsoft |
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IBM Corp. plans to invest $1 billion this year to help developers create programs for specific industries, in a bid to take market share from Microsoft Corp.
IBM, the second-largest software maker, will help sell the new programs and provide companies with technical assistance, including free development tools, the Armonk, N.Y.-based company said yesterday. The software will be geared toward small to medium-size companies with fewer than 1,000 employees.
The investment steps up competition between Microsoft and IBM for small and medium-sized customers. IBM also has spent $1 billion to make its hardware and software work with the Linux operating system as a low-cost alternative to Microsoft's Windows.
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