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IBM Acquires Butterfly, Makes Next Big Data Analytics Play

By - Source: Toms IT Pro

IBM Makes Makes Next Big Data Analytics PlayIBM Makes Makes Next Big Data Analytics PlayIBM said it has acquired UK-based Butterfly. The privately held company is offering storage data analysis and migrations tool targeted at data centers and Big Data.

Financial details of the deal were withheld.

In a brief statement, IBM said that Butterfly will be integrated into IBM's Software Group and that it will use Butterfly's products "to help clients find new ways to drive greater value from its storage software and hardware solutions."

The acquisition of Butterfly follows a string of previous acquisitions that expand IBM's reach in data analytics. Most recently, the company acquired HR- and business data focused Kenexa for $1.3 billion. Over the past five years, the company has spent nearly $16 billion on a total of 30 data analytics companies, not including Butterfly.

The strategy is beginning to show up in a Big Data analytics play that is largely integrated in its Connections software, which provides analytics capabilities, real-time data monitoring, and faster collaborative networks inside and outside an organization.

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Wolfgang Gruener is a contributor to Tom's IT Pro. He is currently principal analyst at Ndicio Research, a market analysis firm that focuses on cloud computing and disruptive technologies, and maintains the conceivablytech.com blog. An 18-year veteran in IT journalism and market research, he previously published TG Daily and was managing editor of Tom's Hardware news, which he grew from a link collection in the early 2000s into one of the most comprehensive and trusted technology news sources.

See here for all of Wolfgang's Tom's IT Pro articles.

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