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Nordcloud to Become the Latest Hybrid Cloud Acquisition for IBM

TheMotleyFool

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The hybrid cloud acquisitions continue for IBM (NYSE: IBM) as it announced today that it would buy Nordcloud, a Finnish company that is a leader in cloud implementation, application transformation, and managed services across Europe.

This acquisition should help clients that want a holistic approach to the cloud, meaning they operate in both public and private clouds, as well as the traditional IT environment.

"IBM's acquisition of Nordcloud adds the kind of deep expertise that will drive our clients' digital transformations as well as support the further adoption of IBM's hybrid cloud platform," said John Granger, chief operating officer of IBM Global Business Services and senior vice president for Cloud Application Innovation.

Source Fool.com

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