Cloudant acquired by IBM

Date:
Monday February 24, 2014

Company Name:
Cloudant

Company Website:
https://cloudant.com

Categories:
Cloud Computing, Data Mgmt / Business Intelligence

Deal:
Acquisition

Source:
http://ibm.co/1pjAsuo

IBM (NYSE:IBM) today announced a definitive agreement to acquire Boston, MA-based Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next generation mobile and web apps.   Cloudant will extend IBM's Big Data and Analytics, Cloud Computing and Mobile offerings by further helping clients take advantage of these key growth initiatives. Financial terms were not disclosed.  READ MORE