IBM Closes on Acquisition of Platform Computing, Snaps Up Green Hat
Technology giant IBM announced it has completed the acquisition of Platform Computing, a privately held company headquartered in Toronto, Ontario, Canada. Financial terms of the deal were not disclosed. On Oct. 11, 2011, IBM announced that it had entered into a definitive agreement to acquire the company, a provider of cluster, grid and cloud management software for distributed computing environments. The company will be integrated into IBM’s Systems and Technology Group.

