September 25, 2012 – IBM announced it has made a deal to buy privately-held U.K. data analysis and automated migration provider Butterfly Software Ltd. for an undisclosed sum.
Butterfly carries a suite of applications for analysis of enterprise storage and backup environments, as well as migration management, deduplication and consolidation.
In a brief statement on the deal, IBM floated Butterfly as a means to enhance value from Big Blue’s existing storage software and hardware offerings. IBM plans to fold Butterfly into its Software Group. This is IBM’s first publicized deal since pitching $1.3 billion for HR and talent management provider Kenexa in late August, a vendor it plans to move into its Software and Services Groups.
Butterfly had already been a strategic partner with IBM, along with EMC, Dell and HP. Earlier this year, Butterfly had signed an exclusive distribution deal with a British vendor to extend the use of its Butterfly Analysis Tool to IBM resellers.
Butterfly was founded in 2009 and is based in Maidenhead, England. Members of its four-person executive team have backgrounds at Texas Instruments, EMC and Dell.
No further financial details on the deal were disclosed. There was no statement on the deal on Butterfly’s website as of Tuesday morning.
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