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bureaucracy and infrastructure in lower growth countries and creating teams that can work 

across country borders, thereby shifting more employees into direct client roles that support the 

company's plans to deliver high value services and products. These steps eliminate the need for 

a traditional pan European management layer to coordinate activity.  

Effective July 4, IBM replaces the former European management system with two Integrated 

Operating Teams (IOT)    Northeast Europe and Southwest Europe    each comprising four 

Integrated Market Teams (IMT) focused on specific countries or clusters of countries. Additional 

shared centers of competence are created to support specific sales related activities in the IMTs 

and IOTs. 

Also in July, the company changes its leadership team for IBM Global Services, creating three 

overall organizations, each led by a senior vice president: Information Technology Services, 

Enterprise Business Solutions, and Integrated Operations. 

IBM acquires several businesses during the year, including: 

SRD, a privately held company based in Las Vegas, Nev., and a provider of identity 

resolution software.  

Corio, Inc., an enterprise application management provider based in San Carlos, Calif. The 

company's application services will be marketed by IBM Global Services. 

Equitant, a global business transformation outsourcing provider that focuses on the 

management and optimization of the Order to Cash cycle for large companies.  

Ascential Software Corporation, a publicly held company based in Westboro, Mass., and a 

provider of enterprise data integration software. IBM establishes Ascential Software's 

operations as a business unit within IBM's Information Management Software division and 

incorporates the company's technology and solutions into IBM's Information Management 

and Software Group offerings. 

Healthlink Incorporated, the foremost healthcare process improvement and IT consulting 

services company in the United States. The Healthlink team becomes the core of the provider 

transformation practice for the healthcare industry within IBM Business Consulting Services.  

Gluecode Software, a privately held company based in El Segundo, Calif., and a provider of 

software and support services for open source application infrastructure software.  

Isogon Corporation, a privately held company based in New York, N.Y., and a provider of 

technology that can automatically track inventory and measure usage of software running on 

mainframe computers. Isogon's operations are integrated into IBM's Tivoli infrastructure 

management software business. 

Meiosys, a privately held company based in Palo Alto, Calif., and Toulouse, France, and a 

provider of unique software technologies that enable applications to be dynamically moved 

from one server or set of servers to others without disruption.  

PureEdge Solutions Inc., a privately held company based in Victoria, B.C., and a developer 

of electronic forms. IBM integrates PureEdge e forms into its portfolio of collaboration 

technology, including IBM Workplace and Lotus offerings.  

DWL, a privately held company based in Atlanta, and a provider of customer data integration 

middleware.  

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