IBM Corp. has finalized its acquisition of privately held SoftLayer Technologies Inc. for an undisclosed amount as part of corporate efforts to expand its services to customers and partners.
The Dallas, Texas-based computing company and IBM SmartCloud will form a new cloud service division under James Comfort as general manager, IBM said Monday.
The new technology platform will combine secure private cloud with public cloud infrastructures to extend the offerings for both IBM and SoftLayer clients, independent software vendors, and partners.
New York City-based Flow Inc. will start streaming its data analytics on this new platform, IBM said.
“IBM and Flow share a common belief in the importance of bringing a range of real-time capabilities to every cloud deployment,” said Mac Devine, chief technology officer for the new division.
Flow works with Fortune 500 companies to help them process, publish and use enterprise data from mobile devices.