On 3rd Nov 2015, IBM announced that it 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. With such capabilities, mixed environments of private and public clouds can begin to be integrated and digitally managed as one for greater performance and efficiency.
“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 VP of 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.” Integration of Gravitant tools into IBM storehouse will enable clients to digitally manage public and private clouds as single clouds.
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. Founded in 2004, Gravitant is headquartered in Austin, Texas, and has development operations in Pune and Bangalore, India.
Financial details of the deal were not disclosed.