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IBM Plans To Acquire Cross-Platform Virtualization Co.

By Ron Haruni on November 18, 2008 | More Posts By Ron Haruni | Author's Website

IBM (IBM) today announced it plans to acquire Los Gatos, Calif.-based Transitive Corporation, a privately held technology company. The cross-platform virtualization co. has developed technologies that allow applications compiled for one CPU and operating system to run on multiple platforms using different CPUs and operating systems - without any modification. Besides easing the application migration of software between different computing platforms, the co.’s technology shows promise in many areas including in dynamic re-optimization of performance-critical software at run-time, and as a component in computer systems deeply embedded in consumer and industrial electronics - from cell phones and PDAs through to storage controllers and network switches.

Transitive has a diverse range of computing platforms, from desktop systems and high-performance workstations, to enterprise servers and a variety of OEM equipment. The co.’s OEM customers have included Apple (AAPL), IBM and Silicon Graphics. Transitive’s technology is currently included as part of the IBM PowerVMTM software which is designed for customers to consolidate their x86 Linux workloads onto IBM Systems.

This acquisition is part of IBM’s strategy to help clients optimize the efficiency and productivity of their computing infrastructure and improve the utilization of the servers that run them.

With this translation technology, along with existing migration capabilities, IBM systems give businesses a faster, easier path for server consolidation to reduce operational expenses, floorspace and energy costs.

Transitive’s breakthrough technology has earned the company more than 70 worldwide patents and numerous industry awards and accolades.

Transitive Corporation has a research and development team in Manchester, UK. The company was founded in 2000 as the vehicle to develop the QuickTransit technology for the commercial market. It receives funding from Pond Venture Partners Ltd., Manchester Technology Fund, Crescendo Ventures, Accel Partners and Meritech Capital Partners.

Financial terms of the acquisition were not disclosed.

Posted in Categories: Contributor, External Research, Stocks, Technology, UK.

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