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IBM and European Union Join to Develop New Collaborative e-Business Model Extending Open Source and Cloud Technologies

*Aims for 40% cost reductions in the design, deployment and management of e-service blends*  

HAIFA, Israel – 07 Jul: IBM today announced, in collaboration with the European Union, industry and academia, the launch of a research consortium which aims to help businesses more easily take advantage of Internet-based services – or “e-services” – to create collaborative business operations and achieve shared business goals.

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