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IBM Closes SoftLayer Acquisition; Partners With Flow to Provide Real Time Integrated Data Solutions

IBM has completed the acquisition of SoftLayer Technologies for an undisclosed amount. IBM entered into a definitive agreement to acquire SoftLayer a month back in a bid to  strengthen its  position in cloud computing. IBM has also announced that Flow, Inc will now stream its real-time data analytics based on IBM SmartCloud and the SoftLayer technology platform. IBM plans to provide clients with real-time integrated solutions based on Flow, the  SoftLayer technology and IBM SmartCloud, which will enable them to  send and receive data from any mobile device that is integrated with enterprise data, thereby enabling the collaboration essential to a Social Business. We were delighted to learn that IBM’s acquisition of SoftLayer has been finalized. Real-time performance is at the heart of our v...

IBM Buys Cloud-Computing Firm SoftLayer; Forms New Cloud Services Division

IBM  is  buying SoftLayer for an undisclosed amount in a bid to  strengthen its  position in cloud computing. The acquisition is expected to close  following customary closing conditions including regulatory clearances by Q3 of 2013. While IBM enjoys a dominant position with the enterprises and government in the cloud computing market, its spread among the SMBs is  weak when compared to Amazon.com. This acquisition will help IBM build out its private and public cloud-based services  for a broader range of  clients, including SMBs. The speed and simplicity of SoftLayer’s public cloud services combined with IBM’s enterprise grade reliability, security and openness will make it easier and faster for SMBs around the world to incorporate cloud computing. IBM SaaS solutions for Smarter Cit...

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