IBM snaps up Finnish cloud firm Nordcloud as battle with AWS, Microsoft and Google heats up
Summary
LONDON – IBM announced Monday that it has acquired Finnish cloud consulting services provider Nordcloud for an undisclosed sum as it looks to gain an advantage in the increasingly fierce cloud wars. Cloud computing refers to when companies and individuals use someone elses computer servers to perform a task on their machine, or store some data in a place that isnt their hard drive. IBM said the acquisition will "turbocharge" its hybrid cloud consulting ability. John Granger, senior vice president and chief operating officer at IBM Global Business Services, said in a statement: "IBMs acquisition of Nordcloud adds the kind of deep expertise that will drive our clients digital transformations as well as support the further adoption of IBMs hybrid cloud platform." He added: "Nordclouds cloud-native tools, methodologies and talent send a strong signal that IBM is committed to deliver our clients successful journey to cloud."
