IBM (IBM +0.7%) has acquired Aspera, a developer of technology that speeds the transfer of extremely large files (think tens of GBs) over long distances. Terms are undisclosed. (PR)
IBM notes Aspera's fasp transport tech helps address traditional challenges associated with long-distance file transfers over IP networks, such as latency and packet loss. It also points out the rapid growth seen in big data/analytics projects has resulted in more and more applications making use of giant files.
Big Blue has been looking to grow storage software sales to offset storage hardware weakness (sales -10% Y/Y in Q3).