IBM Completes SoftLayer Cloud Acquistion
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IBM announced on Monday that is has officially closed on its acquisition of privately-held cloud vendor SoftLayer. The deal closing comes just over a month after IBM first announced its intention to acquire SoftLayer.
"This acquisition, closing today, is open for business today, completely, fully and globally," IBM’s new Cloud Services General Manager Jim Comfort said in conference call with press and analysts. "We have some very immediate activities we can drive, as well as bringing more of our portfolio to the platform over time."
The SoftLayer platform enables software service deployment across both virtual and bare metal, private and public cloud deployments. Comfort's group is also where IBM's g SmartCloud Infrastructure-as-a-Service and Platform-as-a-Service capabilities already exist.