IBM has announced that it has acquired privately-held data storage vendor CleverSafe to boost its hybrid cloud storage capabilities.
“Today a massive digital transformation is underway as organizations increasingly turn to cloud computing for innovative ways to manage more complex business operations and increasing volumes of data in a secure and effective way,” Robert LeBlanc, Senior Vice President, IBM Cloud said in a statement.
“Cleversafe, a pioneer in object storage, will add to our efforts to help clients overcome these challenges by extending and strengthening our cloud storage strategy, as well as our portfolio,” Le Blanc added.
According to the press release, the deal will make IBM gain CleverSafe’s 350 patents and 210 employees. The data storage company’s Disperser Storage Network, or dsNET) solutions complement IBM’s software-defined Spectrum Storage portfolio, which will be merged in IBM Cloud to enhance SoftLayer and the SoftLayer Object Storage platform.
Founded in 2004, Cleversafe’s mission is to solve challeges of storage at scale. According to its website, they company foresaw “a future where the volume of data and sheer size of individual content would become untenable with traditional storage approaches.”
A statement by IBM said that Cleversafe can store data cheaper, and with better security: “The company uses unique algorithms to slice data into pieces and reassemble the information from a single copy, rather than simply making multiple copies of the data, which is how storage traditionally has been done.”
MarketWatch reported that the financial terms of the deal, which are expected to close before the year ends following the regulatory clearance, were not disclosed by the company.