Home Just In IBM continues Cloud-Based Company acquisition spree with Nordcloud purchase

IBM continues Cloud-Based Company acquisition spree with Nordcloud purchase

by CIO AXIS

IBM has acquired Helsinki-based company Nordcloud. This is the latest in a series of acquisitions that IBM has made during this year with a view to becoming a cloud computing giant.

IBM has announced to acquire Nordcloud, a company in cloud implementation, application transformation and managed services.

Although financial details have not been disclosed, this is the latest in a series of acquisitions that IBM has made during this year with a view to becoming a cloud computing giant.

Headquartered in Helsinki and with offices in 10 European countries, Nordcloud is one of the few providers triple certified in Amazon Web Services, Google Cloud Platform and Microsoft Azure.

Following the close of the transaction, subject to customary closing conditions, Nordcloud will become an IBM Company in the first quarter of 2021.

“Our clients are increasingly taking a more holistic approach to application modernization that allows them to operate across a traditional IT environment, private cloud and public clouds,” said John Granger, Senior Vice President, Cloud Application Innovation and Chief Operating Officer, IBM Global Business Services.

“IBM’s hybrid cloud approach is very complementary with our cloud-native approach to helping clients migrate, manage and modernize in the cloud,” said Fernando Herrera, Chairman and Founder, Nordcloud. “As an experienced partner in today’s cloud ecosystems, we work with all of the public cloud providers for the good of our clients throughout Europe. I am very excited to embrace IBM’s open innovation mindset and help grow its global footprint.”

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