IBM completes Outblaze acquisition
IBM Corp. said that it has completed its acquistion of e-mail software assets from Outblaze Ltd., a privately held online messaging company in Hong Kong. Armonk-based IBM originally announced the acquisition in January to expand its offerings of e-mail services over the Internet. Financial terms of the deal were not disclosed.
In a related announcement, IBM said that it will open a computing laboratory in Hong Kong to act a global hub for its Web-based messaging services.