This Slide: #91 of 100 |
Slide #91. IBM — SoftLayer Technologies
Acquirer:
IBM (NYSE:IBM)
Acquiree:
SoftLayer Technologies
Details:
GI Partners, a leading middle market private equity investment firm, announced today that it has completed the sale of its portfolio company, SoftLayer Technologies, the world's largest privately held cloud computing infrastructure provider, to IBM (NYSE: IBM).
International Business Machines provides solutions and products that utilize data, information technology, capability in industries and business processes. Co. has four business segments: Software, which provides software solutions that address client needs for a hybrid cloud platform, data and AI, automation, and security; Consulting, which provides knowledge and capabilities in business transformation and technology implementation; Infrastructure, which provides solutions for hybrid cloud and is the foundation of the hybrid cloud stack; and Financing, which facilitates its clients' acquisition of information technology systems, software and services through its financing solutions.
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Hold (2.21 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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