- July 9, 2021
- Posted by: Stratford Team
- Category: Business
International Business Machines (IBM) plans to acquire BoxBoat Technologies, a hybrid cloud consulting firm.IBM did not divulge the financial terms of the deal. The acquisition, subject to customary closing conditions, is slated to conclude in the second quarter of 2021.BoxBoat enables organizations to establish containers and Kubernetes to support cloud solutions. BoxBoat helps Fortune 100 and government clients to modernize their existing DevOps solutions.
The buyout will expand IBM’s mulicloud transformation and hybrid cloud services to its customers. The deal will increase IBM’s presence in the growing cloud professional services market and also boost Red Hat OpenShift adoption around the world.
IBM’s Senior Vice President of Hybrid Cloud Services, John Granger, said, “Our clients require a cloud architecture that allows them to operate across a traditional IT environment, private cloud and public clouds. That’s at the heart of our hybrid…