IBM to Acquire SoftLayer in Cloud Enterprise Bid

shakeservers2(Ping! Zine Web Tech Magazine) – IBM is placing its bets on the enterprise cloud. On Tuesday, the tech company announced plans to buy SoftLayer, a data center operator with 13 facilities providing services like dedicated, share and cloud worldwide.

Financial terms of the buyout were not disclosed in a press release.

“SoftLayer has a strong track record with born-on-the-cloud companies, and our move today with IBM will rapidly expand that footprint globally as well as allow us to go deep into the large enterprise market,” commented SoftLayer CEO Lance Crosby. Crosby also cited IBM’s “geographic reach” and “industry expertise” as upsides to the deal.

SoftLayer maintains a clientele base of 21 thousand users.

Meanwhile, IBM is hoping the move “will help speed business adoption of public and private cloud solutions.” Customary closing conditions will precede confirmation of the buy.