IBM Closes on Platform Computing Acquisition

IBM has completed the acquisition of Platform Computing, a provider of cluster, grid and cloud management software for distributed computing environments. Financial terms of the acquisition of the Toronto, Ontario-based company were not disclosed. The acquisition was first announced in October 2011.

By combining Platform Computing's software with IBM high performance systems and software, IBM can better serve enterprise clients who are turning to technical computing to accelerate application performance, improve infrastructure flexibility and reduce time to results. "The acquisition of Platform Computing will help accelerate IBM's growth in smarter computing - a key initiative in IBM's Smarter Planet strategy - by extending the reach of our HPC offerings into the high growth segment of technical computing," says Helene Armitage, general manager, IBM Systems Software. "Our intent is to enable clients to uncover insights from growing volumes of data so they can take actions that optimize business results."

Platform Computing's focused technical and distributed computing management software is designed to help clients create, integrate and manage shared computing environments that are used in compute- and data-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, research and education. More than 2,000 clients, including 23 of the top 30 largest global enterprises, use Platform Computing solutions.

Platform Computing will be integrated into IBM Systems and Technology Group. 

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