IBM Acquires Cloud Computing Integration Company Cast Iron Systems | TechCrunch

Acquisitions

Summary

IBM has acquired cloud computing startup Cast Iron Systems to “broaden the delivery of cloud computing services for clients.” Cast Iron Systems provides a SaaS cloud integration software. Cast Iron Systems’ software-as-a-service provides cloud computing integration appliances for large and midsize companies, including Allianz, NEC, Peet’s Coffee & Tea, Dow Jones, Schumacher Group, ShoreTel, Sports Authority, Time Warner, Westmont University and others. The company has capitalized on the growing trend of companies running key business applications through software as a service models and cloud deployments. This year, IBM bought up health care data management firm Initiate and Intelliden. Last year, IBM acquired six companies, including Guardium, RedPill Solutions, SPSS, Ounce Labs, Exeros and Outblaze.

Classifications

industries
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applications
Accounting and Taxes

AskAI Classifications

Labels
Enterprise Software SaaS Data Streaming Platforms

Linked Companies

Intelliden
$1M to $5M
IBM
$1B+
Netezza
$1B+