International Business Machines Corp. (IBM) acquires Cloudant
International Business Machines Corp. (NYSE:IBM) has acquired hosted NoSQL database provider company Cloudant. Cloudant offers a version of the Apache CouchDB open source data store. Cloudant’s BigCouch can be run on multiple servers and offers a way to build and maintain a fast data store for a front-end application. IBM will be integrating the BigCouch service for big data and analytics products and service. IBM will also integrate the MobileFirst portfolio of tools for developing mobile applications.
Cloudant’s services run on the IBM SoftLayer global cloud platform. IBM acquired SoftLayer in September for $1.2 billion. IBM committed another $1.2 billion for upgrading the system. The Cloudant acquisition is expected to conclude by the end of April. The financial terms of the deal were undisclosed.
Cloudant will be rolled into IBM’s newly formed Information and Analytics division, which will be overseen by IBM’s Senior Vice President Bob Picciano.
Cloudant was founded by Alan Hoffman, Adam Kocoloski, and Michael Miller. The three of them worked at the physics department at MIT where they worked on the Large Hadron Collider and the Relativistic Heavy Ion Collider.