IBM buys another company

IBM logoScarcely a week goes by without IBM acquiring a company and this week is no exception to that rule.

IBM said it had bought private company Gravitant for an undisclosed amount.

The company makes cloud based software to plan and manage services from multiple suppliers across so-called hybrid clouds.

The software is basically a tool for enterprises to buy computing and software services from different suppliers through a single console.

IBM senior vice president Martin Jetter said that “enterprise IT is many clouds with many characteristics, whether they be economic, capacity or security”.

The acquisition of Gravitant means the integration of its software into IBM’s Cloud and offering software as a service (SaaS).