IBM acquires cloud-based software maker Gravitant

IBM Corporation

IBM acquired Gravitant, a privately held company that develops cloud-based software to enable organizations to easily plan, buy and manage, or “broker,” software and computing services from multiple suppliers across hybrid clouds.

Financial details of the deal were not disclosed.  IBM plans to integrate the Gravitant capabilities into the IBM Global Technology Services unit.

In addition, IBM Cloud plans to integrate the capabilities into Software-as-a-Service offerings, extending the company’s growing hybrid cloud solutions and capabilities.

Founded in 2004, Gravitant is headquartered in Austin, Texas, and has development operations in Pune and Bangalore, India.

Gravitant solutions help everyone from IT managers to authorized employees to review and purchase computer and software services from different suppliers.

It also helps to compare capabilities and pricing through a single, central console. Once purchased, the technology can be offered as a service and managed from the same console for greater efficiency and visibility into how the services are being used.

Arya MM

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