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November 4, 2015

Gravitant acquisition gives IBM power to manage multiple cloud contracts

News: Plans SAAS play as it buys private and public cloud software vendor.

By CBR Staff Writer

IBM has acquired cloud services brokerage firm Gravitant for an undisclosed sum.

Headquartered in Austin, Texas, Gravitant was founded in 2004. The company has development sites in the Indian cities of Bangalore and Pune.

Gravitant’s cloudMatrix software allows organisations to plan, buy, and manage cloud-based apps from several suppliers across hybrid clouds.

The solution aligns with the IT processes required to make cloud work in the enterprise including planning, procurement, deployment, operations and governance.

CloudMatrix allows customers to move from a slow service-request (trouble ticket) model to a new design-to-order model.

Gravitant’s capabilities will be integrated into IBM Global Technology Services unit. IBM Cloud plans to add them into its software-as-a-service (SaaS) offerings.

IBM global technology services senior vice-president Martin Jetter said: "Gravitant provides an innovative approach to add choice and simplicity to how enterprises can now manage their environments. It will be a key component as we broaden our hybrid cloud services."

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The move follows IBM’s recent agreement to acquire The Weather Company’s product and technology businesses to enhance its cloud ecosystem.

The deal, which is said to be worth about $2bn, includes The Weather Company’s B2B, mobile and cloud-based web properties, as well as WSI,, Weather Underground and The Weather Company brand.

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