10
Corporate Citizenship
IBM
contributes more than $126 million to programs around the world that help people in need.
Individual employees add another $49 million through matching grants and donations to
nonprofit organizations and educational institutions and volunteer 4 million hours of their time to
a broad range of local issues.
2001
Business Performance
IBM
's revenue is $85.9 billion, a decline of two percent from 2000, and net income is $7.7
billion, down 4.9 percent from the year before. There are 319,876 employees and 673,967
stockholders at year end.
Organization
IBM
acquires CrossWorlds Software, Inc., a leading provider of software to automate business
processes that integrate multiple applications. The acquisition further strengthens
IBM
's business
in the fast growing e business infrastructure software segment.
IBM
acquires Mainspring, a digital business strategy consulting firm in April, and the assets of
Informix Software the database business of Informix Corporation in a cash transaction
valued at $1 billion in July.
Nextant, a leading technology and consulting firm in the energy field, purchases
IBM
's Chem
Systems business unit.
Products & Services
The company reports that it has nearly doubled the mainframe's ability to process highly secure
Internet transactions, and says the
IBM
eServer z900 is the first server to achieve a record 3,850
transactions per second.
IBM
ships its 1,000th
IBM
eServer z900 on September 24 to Boscov's,
the largest family owned department store company in the United States.
In October,
IBM
announces the eServer p690 ( Regatta ) as the world's most powerful
UNIX
server, crowning a five year effort to deliver a new class of
UNIX
system that incorporates
microprocessor breakthroughs and mainframe technologies. When tackling the most complex
problems, multiple p690 servers can be linked together to create supercomputers powered by
more than 1,000 processors. Later in the month,
IBM
reports that Regatta sets a world record
for processing speed on the important Fluent engineering benchmark. The company begins
shipping Regatta in volume in December.
The company announces the
IBM
eServer p660 Model 6M1, the world's most powerful
midrange server. In October, it introduces the
IBM
eServer p610 as the world's most powerful
entry server, a two way
UNIX
system that provides industry leading performance, wireless
manageability features and advanced self healing technologies.
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