by Angela Guess
IBM has finished acquiring Platform Computing, a company that “makes software to manage large clusters and grids of servers in distributed computing environments, which are becoming critical tools in analyzing huge datasets. The deal is expected to position IBM for additional gains in “Big Data” management and analysis. Financial terms were not disclosed. When it announced the deal in October, IBM cited the significant growth in the amount of data and complexity of applications, and said Platform Computing’s software can help IBM customers manage and analyze massive amounts of data in a timely fashion.”
Helene Armitage of IBM stated, “The acquisition of Platform Computing will help accelerate IBM’s growth in smarter computing – a key initiative in IBM’s Smarter Planet strategy – by extending the reach of our HPC offerings into the high growth segment of technical computing… Our intent is to enable clients to uncover insights from growing volumes of data so they can take actions that optimize business results.”
photo credit: Platform Computing
