IBM gets technical with Platform Computing buy

The company has snapped up Toronto-based Platform Computing, with a view to boosting its technical computing line-up
Written by Larry Dignan, Contributor

IBM said on Tuesday it has acquired Platform Computing, a software company that focuses on grid management, for an undisclosed sum.

Platform Computing, based in Toronto, manages shared computing environments typically used in high-performance and technical applications. The acquisition is likely to bolster IBM's technical computing line-up.

Platform Computing's applications are targeted at financial services, manufacturing, oil and gas, life sciences and government — all key areas for IBM. According to a statement, Platform Computing has more than 2,000 customers.

For more on this ZDNet UK-selected story, see IBM acquires Platform Computing, bolsters technical computing on ZDNet.com.

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