Technology giant, IBM has announced on Monday that they have completed the acquisition of SoftLayer Technologies for an undisclosed amount. SoftLayer is now a part of IBM’s new cloud service that combines SoftLayer with IBM SmartCloud into a global platform. This acquisition will benefit both companies as SoftLayer will enable IBM to combine security, privacy, and reliability of the private cloud with the speed of a public cloud. Both companies will work to extend and expand IBM SmartCloud Services to develop the next set of infrastructure platforms to allow customers to leverage their business goals.

 

Read the rest of the article in this blog: http://www-03.ibm.com/press/us/en/pressrelease/41430.wss

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