IBM To Buy Cloud Storing Cleversafe

IBM is getting serious about the cloud.

The one-time computer giant announced Monday that it will buy Cleversafe, Inc., a Chicago-based cloud storage company. In a statement released Monday, Robert LeBlanc, senior vice president of IBM Cloud, said the acquisition will help the New York-based company better handle its cloud storage needs.

Cleversafe was founded in 2004 by Chris Gladwin, at the start of the Cloud Revolution where large amounts of data are no longer stored on hard drives and disks but remotely. The company focuses on object storage technology, where data is stored as a complete unit, as opposed to file storage, where a document or file is split into pieces and stores it in a variety of places before access. The company’s clientele include Shutterfly and Sky.

“Once the deal closes, IBM will integrate the Cleversafe portfolio into its IBM Cloud business unit to give clients strategic data flexibility, simplified management, and consistency with on-premise, cloud, and hybrid cloud deployment options,” IBM’s statement said.  

Also part of the deal is more than 350 patents related to cloud storage, including some that have enabled exabytes of storage – or billions of gigabytes.

“IBM is an innovator and leader in cloud and storage and we’re excited about the opportunities that lay ahead once this transaction closes,” said John Morris, President and CEO of Cleversafe. “Together with IBM we can extend our object storage leadership position to address the broadest set of workloads for clients with the most expansive set of object-based solutions.”

After the deal closes later this year, there will integrated services between the SoftLayer cloud services and IBM Bluemix, the statement said. The planned acquisition reveals a trend by the computer company to build its data storage service as they work to build out their strengths while trying to overcome weaknesses in others areas, as noted by its layoffs this year. It is unknown how this will affect Cleversafe’s personnel, approximately 210 people.

IBM is currently trading up 2.3 percent on the day at $147.92.


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