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Introduction:
In 2013, IBM made headlines when it acquired SoftLayer
Technologies, a cloud computing infrastructure provider. This move was
strategic as IBM was eyeing to take on Amazon Web Services. The acquisition of
Softlayer gave IBM a much-needed edge in the cloud computing race. But how much
did IBM pay for this acquisition? The acquisition was a game-changer for the
cloud computing industry, and in this blog post, we will explore the details
behind IBM's acquisition of SoftLayer Technologies.
IBM's acquisition of SoftLayer Technologies happened in July
2013. IBM paid $2 billion to acquire SoftLayer. The acquisition was an all-cash
deal, which made it one of IBM's largest acquisitions in history. This move was
part of IBM's strategy to become a key player in cloud computing, and the
acquisition gave IBM the necessary infrastructure to compete with Amazon and
other big players in the cloud computing market.
SoftLayer was founded in 2005 and was one of the largest
privately-owned cloud computing infrastructure providers in the world. The
company offered a range of cloud services, including
infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and
software-as-a-service (SaaS) solutions. SoftLayer's customer base consisted of
various enterprises, including startups, SMBs, and large corporations. The
acquisition of SoftLayer enabled IBM to offer a wide range of cloud computing
solutions to its customers.
SoftLayer's technology and services have been integrated
into IBM's cloud platform, which is now known as IBM Cloud. The technology has
allowed IBM's cloud platform to scale and provide customers with better
services, including faster speeds and better security. IBM Cloud is now a
provider of IaaS, PaaS, and SaaS solutions and is used by several organizations
worldwide.
The acquisition of SoftLayer was a strategic move for IBM in
its quest to become a leader in cloud computing. Cloud computing has become an
essential component of the enterprise technology stack, and IBM's acquisition
of SoftLayer put the company in a better position to provide cloud
infrastructure to its customers. IBM's cloud infrastructure offering now
includes services such as bare metal servers, virtual servers, storage, and
networking.
Conclusion:
IBM's acquisition of SoftLayer Technologies marked a
significant milestone in the cloud computing industry. The acquisition enabled
IBM to offer a range of cloud computing solutions to its customers, and its
integration into IBM Cloud has made the cloud platform even more robust. The
acquisition marked a significant shift in the cloud computing industry,
highlighting the importance of cloud infrastructure in the enterprise
technology stack. As we look to the future, we can expect to see more strategic
acquisitions as companies compete to offer the best cloud solutions to their
customers.