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IBM buys Blade Network

Mark Lapedus

9/27/2010 1:23 PM EDT

SAN JOSE, Calif. - IBM Corp. has entered into a definitive agreement to acquire Blade Network Technologies, a privately-held company based in Santa Clara, Calif.

Blade specializes in software and devices that route data and transactions to and from servers. Financial terms were not disclosed.

Blade provides blade server and switches as well as software to virtualize and manage cloud computing and other workloads. IBM and Blade have worked together since 2002. Over 50 percent of IBM System x BladeCenters currently attach to or use Blade products.




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