IBM ACQUIRES APACHE WEB SERVER FOR $5.7 BILLION
SAN HELIFINO, CA /DenounceNewswire/ -- June 20, 1998 --
International Business
Machines, Inc. today announced it has acquired Apache, a popular
public-domain Web
server program, for $5.7 billion. The worldwide group of technical
wizards known as The
Apache Group, sixteen members all, will each receive $356 million
in cash, as well as
offers of high-paying jobs at IBM.
Brian Behlendorf, who heads the group, called the acquisition
"completely insane," but
added, "that's an awful lot of money! How could we possibly turn
them down? They can
have Apache!"
Said billionaire Richard Stallman, who sold the Free Software
Foundation to Microsoft
last year for $2.9 billion, "This is a fine catch by IBM. By making
Apache proprietary,
IBM takes a giant step forward in making the Net a more legitimate
marketplace to
conduct commerce."
Apache is currently the most popular server on the World Wide Web,
accounting for
nearly 90% of all web sites.
Previously, IBM relied on Netscape for Web server products,
forgetting that Lotus, its
own subsidiary, makes a web server called Domino. Lotus officials
declined to comment,
but curmudgeons close to the company said they remained
disgruntled.
Asked if the Apache acquisition means that IBM is dumping Netscape,
Paraic Sweeney,
IBM's vice president of Web server marketing, said, "Yes."
Netscape was immediately available for comment, but nobody bothered
to write down
what they had to say.
Regards,
-=AvataR=-
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