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I.B.M. to Invest $100 Million in Cellphone Research

I.B.M., long synonymous with the personal computer, hopes to become equally influential in mobile computing.
I.B.M., long synonymous with the personal computer, hopes to become equally influential in mobile computing. The company plans to announce Wednesday a $100 million investment pool to develop new services for mobile phones. The company provided few specifics about its research goals but said it broadly hopes to improve mobile payment methods, security, privacy and user interfaces and, chiefly, to enhance the ability of corporations to use mobile devices to interact with customers and employees. In developing such a fund, IBM is tagging behind venture capitalists, mobile phone manufacturers and carriers that have created big pools of research and investment money for the mobile space. The growth of more advanced phones that give consumers easier access to the Internet has spurred their interest, as has corporations’ hopes of turning mobile gadgets into platforms for content delivery and commerce.
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