October 1, 2010 – On the heels of announcing its intention to buy Netezza, IBM stated it has reached an agreement to buy another hardware provider to boost its analytics and cloud capabilities.
IBM has entered into a definitive acquisition agreement with BLADE Network Technologies, according to news releases from both companies. BLADE is a privately held, Santa Clara, Calif.-based company specializing in blade server and top-of-rack switches and software to virtualize and manage cloud computing and other workloads.
Financial terms were not disclosed in news releases from either company.
Brian Truskowski, IBM system storage and networking general manager, stated in a news release that BLADE’s switches and software will compliment and advance workload-optimized systems released by IBM in the last 18 months. “BLADE will increase IBM’s System Networking development, sales, support, skills and awareness, and help IBM build smarter systems that are optimized for client requirements,” Truskowski stated.
BLADE customers include more than half of the companies on the Fortune 500 list across 26 industry verticals, IBM stated in a release. BLADE CEO Vikram Mehta said in a news release that the acquisition benefits BLADE by “allowing our technology to become a more central part of the data center.”
A little more than a week ago, IBM released its plans to buy analytics database and data warehouse appliance technology provider Netezza for $1.7 billion, which experts viewed as a move against rival Oracle.
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