Acquisition to help clients to propel object storage into the hybrid cloud.
IBM has announced it has entered into a definitive agreement to acquire Cleversafe, Inc., a leading developer and manufacturer of object-based storage software and appliances. The acquisition will strengthen IBM's leadership positions in storage and hybrid cloud and support clients' drive to next generation mobile, social and analytics applications. Financial terms of the deal were not disclosed.
Once the deal closes, IBM will integrate the Cleversafe portfolio into its IBM Cloud business unit to give clients strategic data flexibility, simplified management, and consistency with on-premise, cloud, and hybrid cloud deployment options.