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.


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