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Wednesday, 05 June 2013 12:13

Big Blue buys another cloud outfit

Written by Nick Farrell

You can never have too much cloud

IBM has written a cheque to buy SoftLayer Technologies which is the world's largest privately held cloud computing infrastructure provider.

According to Big Blue the deal will strengthen IBM’s leadership position in cloud computing and will help speed business adoption of public and private cloud solutions. It is not saying how much the deal set it back.

Erich Clementi, a senior vice president for IBM’s technology services unit, said SoftLayer “completes our portfolio.” It expands I.B.M.’s public cloud operations, he said, while adding expertise and technology for private clouds and hybrid services, which blend the public and private models.

It is the biggest deal made under the leadership of Virginia Rometty, who became chief executive in January 2012.

Nick Farrell

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