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IBM (IBM -1.3%) bolsters the virtualization capabilities of its System z mainframes by acquiring...

IBM (IBM -1.3%) bolsters the virtualization capabilities of its System z mainframes by acquiring CSL International, an Israeli developer of software for managing System z virtual server environments. CSL's offerings work with both Linux and IBM's proprietary z/VM OS. Big Blue touts CSL's ability to make its mainframes more cloud-friendly - Google and Facebook are unlikely to be buyers, but some enterprises looking to build private or hybrid clouds could be. System z sales rose 7% Y/Y in Q1; that was seen as disappointing given a refresh cycle is underway (sales rose 56% Y/Y in Q4). (Goldman downgrade)
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