Sunday, May 2, 2010

IBM Acquires Cast Iron Systems for Cloud Integration

IBM has acquired Cast Iron Systems , a start-up based in Mountain View, California to broaden the delivery of cloud computing services for clients. Financial terms were not disclosed.

Cast Iron Systems specializes in cloud integration software, appliances and services. The company has completed thousands of cloud integrations around the world for financial institutions, media and entertainment companies and retail organizations. The company's clients include Allianz, NEC, Peet's Coffee & Tea, Dow Jones, Schumacher Group, ShoreTel, Sports Authority, Time Warner, Westmont University and many others.

IBM said the acquisition provides it with a greater ability to help businesses integrate their cloud-based applications and on-premise systems. The acquisition also advances IBM's capabilities for a hybrid cloud model, which is attractive to enterprises because it allows them to blend data from on-premise applications with public and private cloud systems.

Cast Iron Systems' approximately 75 employees will be integrated into IBM. The IBM Software Group has acquired more than 55 companies since 2003.