IBM (IBM) to Acquire Virtualization Management Tech Provider CSL International
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International Business Machines Corp. (NYSE: IBM) announced a definitive agreement to acquire CSL International, a leading provider of virtualization management technology for IBM's zEnterprise system. CSL International is a privately held company headquartered in Herzliya Pituach, Israel. Financial terms will not be disclosed.
A strategic investment in the System z portfolio, the acquisition deepens the consolidation and cloud capabilities by offering simplified management of the virtualization environment. CSL International's CSL-WAVE software enables companies to monitor and manage their z/VM and Linux on System z environments using a powerful and easy-to-use interface. The software provides drag and drop simplicity to instantly create, discover, visualize and connect virtual servers to resources allowing clients to free up more skilled staff to address other business challenges.
The zEnterprise System enables clients to host the workloads of thousands of commodity servers on a single system for simplification, improved security and cost reduction. The combination of IBM and CSL International technologies will allow clients to manage all aspects of z/VM and Linux on System z virtualization, including CPU, memory, storage, and network resources.
The acquisition is expected to close in the third quarter of 2013, subject to the satisfaction of customary closing conditions and applicable regulatory reviews.
A strategic investment in the System z portfolio, the acquisition deepens the consolidation and cloud capabilities by offering simplified management of the virtualization environment. CSL International's CSL-WAVE software enables companies to monitor and manage their z/VM and Linux on System z environments using a powerful and easy-to-use interface. The software provides drag and drop simplicity to instantly create, discover, visualize and connect virtual servers to resources allowing clients to free up more skilled staff to address other business challenges.
The zEnterprise System enables clients to host the workloads of thousands of commodity servers on a single system for simplification, improved security and cost reduction. The combination of IBM and CSL International technologies will allow clients to manage all aspects of z/VM and Linux on System z virtualization, including CPU, memory, storage, and network resources.
The acquisition is expected to close in the third quarter of 2013, subject to the satisfaction of customary closing conditions and applicable regulatory reviews.
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