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IBM buys European cloud services provider

IBM has acquired Helsinki, Finland-headquartered Nordcloud to expand its cloud services footprint across Europe.

“The acquisition further advances IBM's cloud migration and transformation capabilities, an important aspect of our hybrid cloud platform growth strategy,” said IBM.

Nordcloud has offices across ten European countries, employs around 400 consultants and is triple-certified for the provision of cloud services using Amazon Web Services, Google Cloud Platform and Microsoft Azure.

“Our clients are increasingly taking a more holistic approach to application modernisation that allows them to operate across a traditional IT environment, private clouds and public clouds,” said John Granger, senior vice president for cloud application innovation and chief operating officer at IBM Global Business Services.

“The acquisition of Nordcloud adds the kind of deep expertise that will drive our clients' digital transformations as well as support the further adoption of IBM's hybrid cloud platform. Nordcloud's cloud-native tools, methodologies and talent send a strong signal that IBM is committed to deliver our clients' successful journey to the cloud.”

Fernando Herrera, chairman and founder at Nordcloud, said: “IBM's hybrid cloud approach is very complementary with our cloud-native approach to helping clients migrate, manage and modernise in the cloud.

“We work with all of the public cloud providers for the good of our clients throughout Europe. We are embracing IBM's open innovation mindset to help grow its global footprint.”

Following the close of the transaction - expected in the first quarter of 2021 - Nordcloud will become an IBM company. Financial details of the deal were not disclosed.