IBM to Acquire Cloudant: Open, Cloud Database Service Helps Organizations Simplify Mobile, Web App and Big Data Development
ARMONK, N.Y. – 24 Feb 2014: IBM today announced a definitive agreement to acquire Boston, MA-based Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next generation mobile and web apps.
Cloudant will extend IBM’s Big Data and Analytics, Cloud Computing and Mobile offerings by further helping clients take advantage of these key growth initiatives. Financial terms were not disclosed. (more…)