Technology giant IBM has completed its acquisition of Platform Computing, a company that works in cluster, grid and cloud management software for distributed computing environments. Financial terms of the deal were not disclosed.
IBM announced its definitive agreement to acquire Platform Computing, headquartered in Toronto, Ontario, Canada, in October 2011.
Platform Computing works to help clients create, integrate and manage shared computing environments that are used in compute- and data-intensive applications.
These technical and high performance computing (HPC) applications are used in product development, critical business decisions and breakthrough science in financial services, manufacturing, digital media, oil and gas, life sciences, government, research and education.
“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,” said Helene Armitage, general manager, IBM Systems Software.
“Our intent is to enable clients to uncover insights from growing volumes of data so they can take actions that optimise business results.”
By combining Platform Computing’s software with IBM systems and software, IBM aims to better serve enterprise clients who are turning to technical computing to accelerate application performance, improve infrastructure flexibility and reduce time to results.
IBM intends to support Platform Computing’s software on heterogeneous systems and continue to work with many of Platform Computing’s existing partners.
Platform Computing will be integrated into IBM Systems and Technology Group.