IBM Acquires Cloud Database Company CloudantBy: Sean Patterson - March 5, 2014
IBM this week announced that it has officially completed its acquisition of Cloudant, a formerly private cloud database company based in Boston. The purchase price and other details of the transaction have not been disclosed.
Cloudant provides database-as-a-service to developers and enterprise that need scalable database solutions implemented quickly. The company currently provides its services to clients that include mobile app developers, retail businesses, and companies in the financial services industry.
Cloudant is also a contributor to the Apache CouchDB open source community. The company provides a JSON-based cloud service for web and mobile developers.
“Our decision to join IBM marks a clear shift in the way modern software is built,” said Derek Schoettle, CEO of Cloudant. “A new generation of developers has grown up coding against web frameworks and cloud infrastructure. When Cloudant launched in 2010, we knew this next wave of innovation would be a core market for our service. Now in 2014, we’re seeing web development transition to the enterprise, and, as part of IBM, we couldn’t be in a better spot.”
IBM will be folding Cloudant into its Information and Analytics Group. The company will integrate Cloudant technology into its big data and analytics, mobile, and cloud computing initiatives. Cloudant tech is already being used in IBM’s MobileFirst solutions and will soon be available through the company’s BlueMix platform.
“With the acquisition of Cloudant, IBM is helping to fuel a new era of next generation mobile and web apps built on the cloud,” said Sean Poulley, VP for Databases & Data Warehousing at IBM. “Boosting IBM’s big data and analytics, cloud computing and mobile offerings, Cloudant’s open, cloud database service will bring entirely new levels of simplicity and scalability to developers.”
Image via Cloudant