IBM Closes Acquisition of BLADE Network Technologies
PR Newswire
ARMONK, N.Y., Oct. 29 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) today announced it has closed the acquisition of BLADE Network Technologies (BLADE), a privately held company based in Santa Clara, CA. Financial details were not disclosed. The companies announced on September 27, 2010 a definitive agreement to pursue the acquisition.
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BLADE will become part of IBM Systems and Technology Group. The company specializes in software and devices that route data and transactions to and from servers.
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Contacts: Joanna Brewer IBM Media Relations 415-545-2270 jmbrewer@us.ibm.com
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For further information: Joanna Brewer, IBM Media Relations, +1-415-545-2270, jmbrewer@us.ibm.com