The Stack Archive

IBM buys cloud brokerage software developer Gravitant

Wed 4 Nov 2015

IBM has announced this week that it has acquired cloud brokerage specialist Gravitant – a privately-held company which develops cloud-based software to help businesses plan, buy and manage IT solutions.

Gravitant’s main service, cloudMatrix, enables organisations to integrate and digitally manage hybrid environments of public and private cloud infrastructures, helping to boost performance and efficiency. Via the Gravitant platform IT managers and any other authorised employee can monitor and purchase compute services from different vendors, and compare capabilities and cost, through a centralised control interface.

IBM identified a need to for this type of brokerage and management platform, and according to Richard Patterson, an IBM General Manager, the company was in a ‘buy it versus build it’ situation when it discovered Gravitant earlier this year. Having later tested the cloudMatrix software, Patterson said that it had ‘married well with IBM’s managed stack for outsourcing opportunities.’

“The reality of enterprise IT is that it is many clouds with many characteristics, whether they be economic, capacity or security,” explained Martin Jetter, Senior Vice President of Global Technology Services at IBM. He added: “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.”

Big Blue is planning to integrate Gravitant into its Global Technology Services unit, as well as IBM Cloud’s Software-as-a-Service (SaaS) solutions, pushing the company’s hybrid cloud capabilities and offerings.

Financial details of this week’s deal are yet to be disclosed.

Texas-based Gravitant was founded in 2004 and also operates a development branch in Pune and Bangalore in India.

The acquisition follows IBM’s purchase of The Weather Company’s digital business for a reported $2bn (£1.3bn), which includes the Weather Channel mobile app, weather.com and – most crucially for IBM – all of the company’s forecasting data and technology.

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