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IBM is reportedly in advanced talks to buy Red Bend, an Israeli developer of mobile...

IBM is reportedly in advanced talks to buy Red Bend, an Israeli developer of mobile virtualization and device management software, for $200M-$250M.  Red Bend's offerings, which compete with VMware (I, II) and Citrix, allow multiple operating systems to be installed on a mobile device, and help service providers handle remote updates. The company, which has over 80 customers, also offers mobile analytics tools, something that ties into Big Blue's broader analytics push.
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  • Momintn
    , contributor
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    Smarter Planet revenue was up 20% yr/yr, growth markets were up 7% yr/yr, and Business Analytics revenue up 14% yr/yr. IBM will continue to grow and take marketshare from competitors.
    IBM's 3Q cloud revenue was greater than their entire cloud revenue of 2011.
    18 Oct 2012, 10:09 AM Reply Like
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