IBM has entered into a definitive agreement to acquire Platform Computing, a privately held company headquartered in Toronto, Ontario, Canada. Platform Computing is a provider of cluster and grid management software for distributed computing environments. The acquisition is anticipated to close in the fourth quarter of 2011, subject to the satisfaction of closing conditions. Financial terms were not disclosed.
Platform Computing management software helps clients create, integrate and manage shared computing environments that are used in resource-intensive applications such as simulations, computer modeling and analytics. These technical and high performance computing (HPC) applications fuel product development, critical business decisions and breakthrough science in financial services, manufacturing, digital media, oil and gas, life sciences, government, and research and education.
"IBM considers the acquisition of Platform Computing to be a strategic element for the transformation of HPC into the high growth segment of technical computing and an important part of our smarter computing strategy," states Helene Armitage, general manager for IBM Systems Software. "This acquisition can be leveraged across IBM as we enhance our IBM offerings and solutions, providing clients with technology that helps draw insights to fuel critical business decisions or breakthrough science."
Platform Computing's focused technical and distributed computing management software suite complements IBM's platforms, including System x, BladeCenter, Power Systems and System Storage, as well as the IBM software portfolio, including Tivoli management and WebSphere application infrastructure.
For more information about IBM technical computing solutions, visit www.ibm.com/deepcomputing.
To learn more about Platform Computing, go to www.platform.com.