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World|business|October 31, 2016 / 10:24 AM
IBM acquires Bengaluru-based IT firm

AKIPRESS.COM - indian-it-firm-generic_650x400_81442832127 US software firm IBM on October 27 said it has signed an agreement to acquire Indian IT firm Sanovi Technologies that deals in cloud computing-related software, reports NDTV.

"As a cloud-native company, Sanovi will strengthen our resiliency portfolio to manage broad range of applications, data, and IT systems of our clients, balancing digital and hybrid cloud transformation with increased regulatory compliance," said Martin Jetter, Senior Vice-President, Global Technology Services, IBM, in a statement.

In addition to being available as part of a managed resiliency service, IBM plans to make Sanovi DRM available as a stand-alone software licence for partners and customers looking to optimize in-house and vendor run resiliency programmes, the statement said.

Today, IBM operates over 300 global delivery data centres and 46 IBM cloud data centres across 68 countries.

Founded in 2003, Sanovi is headquartered in Bengaluru and operates in the US, the Middle East and Asia.

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