Tuesday, November 3, 2015

IBM Acquires Gravitant to Hybrid Cloud Brokerage Tool

IBM has acquired Gravitant, a privately held company that develops cloud-based software to enable organizations to easily plan, buy and manage, or “broker,” software and computing services from multiple suppliers across hybrid clouds. Financial terms were not disclosed.

IBM said the Gravitant software will help customers to purchase compute and software services from different suppliers.

"The reality of enterprise IT is that it is many clouds with many characteristics, whether they be economic, capacity or security,” said Martin Jetter, Senior Vice President, Global Technology Services, IBM. “Gravitant provides an innovative approach to add choice and simplicity to how enterprises can now manage their environments. It will be a key component as we broaden our hybrid cloud services."
IBM plans to integrate the Gravitant capabilities into the IBM Global Technology Services unit. In addition, IBM Cloud plans to integrate the capabilities into Software-as-a-Service offerings, extending the company’s growing hybrid cloud solutions and capabilities.

Gravitant is headquartered in Austin, Texas, and has development operations in Pune and Bangalore, India. The company was founded in 2004.