IBM has acquired Butterfly Software, a privately held data analysis and migration software company headquartered in Maidenhead, England. Financial terms were not disclosed.
Butterfly’s main feature is its ability to migrate data center infrastructures. According to the company website, it focuses on lowering the cost and risk of maintaining legacy storage and backup & recovery environments. This allows companies to consolidate enterprise data and analyze it for strategic purposes.
IBM has staked its claim in the analytics market. This acquisition plays to that strategy.
The news follows IBM’s$1.3 billion acquisition last month of Kenexa, which helps companies cull vast amounts of data to make decisions and study trends.
IBM plans to continue its acquisition strategy for analytics companies. Its goal is to generate $16 billion from business analytics by 2015.
Another play here is for IBM to provide deeper capabilities it can offer in the storage market. Backup is a bear for companies and analysis will be increasingly important as companies store an increasing amount of data.
IBM, acronym for International Business Machines, is a multinational computer technology and consulting corporation. The company is one of the few information technology companies with a continuous history dating back to the 19th century. IBM manufactures and sells computer hardware and software, and offers infrastructure services, hosting services, and consulting services in areas ranging from mainframe computers to nanotechnology…