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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.

This entry was posted on Thursday, April 16th, 2009 at 1:39 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Acquisitions



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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.


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