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Corporate Citizenship

IBM

 is ranked Top Corporate Citizen of the year by 

Business Ethics

 Corporate Responsibility 

Report. The publication's annual listing of the 100 Best Corporate Citizens is based on a 

quantitative measure of 650 public companies' corporate service to seven stakeholder groups.  

IBM

 announces a $15 million grant program designed to drive higher quality training for U.S. 

public school teachers. The announcement brings 

IBM

's investment in its global Reinventing 

Education initiative    serving 65,000 teachers and six million students    to $70 million. The 

company also rolls out the 

IBM

 Scholars Program, a comprehensive offering to give participants 

in higher education free software, discounts on course materials and information on 

IBM

's 

university related initiatives.  

2003

Business Performance

IBM revenue reaches $89.1 billion, a gain of 10 percent over 2002, and net income of $7.6 

billion is 112 percent higher than the year before. There are some 316,500 employees and 

671,610 stockholders at year end. 

Organization 

IBM completes its acquisition of Rational Software Corp. as the fifth brand of the IBM Software 

Group.  

IBM acquires Think Dynamics, a Toronto based company whose software helps customers 

dynamically allocate the right computing resources at the right time to the right processes. The 

Think Dynamic team is integrated into the IBM Software Group under the Tivoli brand. 

IBM acquires 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.  

IBM acquires Productivity Solutions Inc., a leader in the fast growing market of automated self 

checkout solutions that are used to speed checkout in retail and grocery stores. PSI is integrated 

into IBM's Retail Store Solutions division. 

IBM acquires Green Pasture Software, Inc., a leading provider of document management 

software. Green Pasture's operations are integrated into IBM's Enterprise Content Management 

business.  

Products & Services

IBM announces the eServer zSeries 990, the world's most sophisticated server and the new 

flagship of the eServer family. The new z990 sets a new standard for enterprise class computing 

and is the result of a four year, more than $1 billion investment in the zSeries platform involving 

1,200 IBM developers. IBM delivers the first z990 in June to Farmers Insurance Group as the 

backbone of a new state of the art, Web based claims processing system. Four months after that, 

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