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IBM, BackWeb ink software deal

IBM has licensed BackWeb Technologies' commercial "push" software for use in its WebSphere middleware application, a layer of software that supports commercial Web applications. Through the push technology, designed to send information directly to people's desktops over the Internet, BackWeb will deliver personalized information from Web applications to WebSphere users via their desktop PCs, personal digital assistants, fax machines or cell phones. BackWeb climbed in trading on the Nasdaq Stock Market on news of the IBM deal, but its shares are still at roughly a tenth of its 52-week high of $27.37.

IBM has licensed BackWeb Technologies' commercial "push" software for use in its WebSphere middleware application, a layer of software that supports commercial Web applications. Through the push technology, designed to send information directly to people's desktops over the Internet, BackWeb will deliver personalized information from Web applications to WebSphere users via their desktop PCs, personal digital assistants, fax machines or cell phones.

BackWeb climbed in trading on the Nasdaq Stock Market on news of the IBM deal, but its shares are still at roughly a tenth of its 52-week high of $27.37.