Business in the Burbs

IBM completes Outblaze acquisition

April

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.

This entry was posted on Thursday, April 16th, 2009 at 1:39 pm by Jay Loomis.
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