IBM snaps up Finnish cloud firm Nordcloud as battle with AWS, Microsoft and Google heats up

IBM’s logo seen displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesLONDON – IBM announced Monday that it has acquired Finnish cloud consulting services provider Nordcloud for an undisclosed sum as it looks to gain an advantage in the increasingly fierce cloud wars.Founded in 2011 and headquartered in Helsinki, Finland, Nordcloud has a current turnover of around 50 million euros ($61 million) and over 450 employees, according to its LinkedIn page.Cloud computing refers to when companies and individuals use someone else’s computer servers to perform a task on their machine, or store some data in a place that isn’t their hard drive. Hybrid cloud is the term used to define a combination of cloud environments including public, private and on-premise. IBM said the acquisition will “turbocharge” its hybrid cloud consulting ability.John Granger, senior vice president and chief operating officer at IBM Global Business Services, said in a statement: “IBM’s 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.”He added: “Nordcloud’s cloud-native tools, methodologies and talent send a strong signal that IBM is committed to deliver our clients’ successful…
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