IBM Advances Cloud Initiatives with Acquisition of Cast Iron Systems
Positions IBM to Lead Industry in Cloud Integration
Armonk, NY, 3 May, 2010 — IBM (NYSE: IBM) today announced it has acquired Cast Iron Systems to broaden the delivery of cloud computing services for clients. Cast Iron Systems, a privately held company based in Mountain View, CA, delivers industry-leading cloud integration software, appliances and services. Financial terms were not disclosed. The acquisition expands IBM’s industry-leading business process and integration software portfolio, which grew more than 20 percent in the first quarter of 2010.