IBM Acquires Sanovi, Aims To Boost Its Cloud Offerings

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IBM on Thursday announced that they are going to to acquire Bengaluru-based Sanovi Technologies for an undisclosed sum.

Sanovi provides hybrid cloud recovery, cloud migration and business continuity software for enterprise data centers and cloud infrastructure.

By the end of 2016, the acquisition will happenn and the deal will enable IBM to bolster its cloud offerings.

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