Take a look at the video from Angel Diaz IBM VP Cloud it is only 90 seconds – IBM’s now big behind Node.js
Angel also wrote this article on node explaining is some more detail about the foundation and IBM’s involvement
IBM are a platinum sponsor of the new node.js foundation.
Here’s a quote from the linux foundation press release
“An independent Node.js Foundation built on open governance is a major industry wide event as it ensures the continued adoption and growth of one of the world’s most ubiquitous programming languages. The Node.js foundation will provide developers with a top development platform that when combined with the power of IBM Cloud and Mobile will accelerate time to application concept, deployment, and refinement. As a platinum member of the foundation, IBM looks forward to continued partnership in developing and promoting Node.js and the inevitable expansion of this vibrant community,” said Angel Diaz, Vice President, Cloud Architecture & Technology, IBM.