IBM has introduced that it’ll purchase the European hybrid cloud agency Nordcloud which makes a speciality of cloud implementation, software transformation and managed providers.
The Finland-based firm has workplaces in 10 European nations and its mission to assist companies turn into stronger, fitter and extra agile with cloud. Nordcloud can be one of many few suppliers that’s triple licensed in AWS, Google Cloud Platform and Microsoft Azure.
SVP of cloud software innovation and COO of IBM international enterprise providers John Granger defined in a press launch how the acquisition will assist assist additional adoption of its hybrid cloud platform whereas additionally driving the digital transformation efforts of its prospects, saying:
“Our purchasers are more and more taking a extra holistic strategy to software modernization that enables them to function throughout a conventional IT atmosphere, non-public cloud and public clouds, IBM’s acquisition of Nordcloud provides the type of deep experience that can drive our purchasers’ digital transformations in addition to assist the additional adoption of IBM’s hybrid cloud platform. Nordcloud’s cloud-native instruments, methodologies and expertise ship a robust sign that IBM is dedicated to ship our purchasers’ profitable journey to cloud.”
All in on hybrid cloud
Since taking workplace in April of this yr, IBM’s new CEO Arvind Krishna has acquired no less than 5 startups as a part of the corporate’s efforts to speed up its hybrid cloud progress technique. In truth, Krishna was additionally the principal architect behind’s IBM’s $34bn acquisition of Red Hat final yr.
IBM believes that hybrid cloud presents a $1tn alternative which is why it determined to spin off the Managed Infrastructure Services unit of its Global Technology Services division into a brand new public firm known as NewCo again in October. This will enable the corporate to deal with its open hybrid cloud platform whereas NewCo will turn into the world’s main managed infrastructure providers supplier as soon as its spun-off.
Chairman and founding father of Nordcloud Fernando Herrera defined that the corporate will work to assist develop the worldwide footprint of IBM’s hybrid cloud enterprise as soon as the acquisition is full, saying:
“IBM’s hybrid cloud strategy may be very complementary with our cloud-native strategy to serving to purchasers migrate, handle and modernize within the cloud. As an skilled associate in right now’s cloud ecosystems, we work with all the public cloud suppliers for the nice of our purchasers all through Europe. I’m very excited to embrace IBM’s open innovation mindset and assist develop its international footprint.”
As with its different current acquisitions, IBM has not disclosed any monetary particulars relating to precisely how a lot it paid for Nordcloud.