Chinese bank opts for open source

The Industrial Commercial Bank of China has signed a deal with Turbolinux to run its open-source software in all of the bank's operations.

The bank will integrate Turbolinux's operating systems and software across its network during the next three years, the software maker said on Thursday.

Under terms of the deal, the bank will purchase an unrestricted user license for all its operations, branches and subsidiaries, it said. In addition, Turbolinux will support upgrades, virus protection and maintenance. The bank has 20,000 agency branches in China and 1,000 subsidiaries globally. Financial details were not released.

Linux deployment is growing in China, with software makers targeting segments such as banking, insurance and wireless applications. Intel last year began a program to boost sales in China of desktop computers based on Linux.

[TheMidnightCoder]

Thanks OSS. We really didn't need the money.

We should give the entire world free software so they can compete against us. We have so much money that we don't need the tax revenues from selling software. Heck, I don't even want to be paid for it. I'd rather get a job at Wal-Mart and support the Chinese that way too. I'll jest come home and write code at night so other countries corporations have the code they need. Just haven?t figured out how to pay the mortgage yet...Maybe we?ll have an "Open Mortgage Organization" soon. Then colleges for the kids. Hey, wait a minute, this is sounding like the Chinese all ready!