ARMONK, N.Y., Jan. 14, 2021 /PRNewswire/ -- IBM (NYSE:IBM)
today announced an agreement to acquire Taos, a leading cloud professional and managed
services provider. Today's news further advances IBM's cloud
migration and transformation capabilities, an important aspect of
its hybrid cloud platform growth strategy.
"Taos adds the deep expertise, public cloud partnerships
and innovative solutions needed to drive growth and adoption of
IBM's hybrid cloud platform throughout the Americas,"
said John Granger, Senior Vice President, Cloud Application
Innovation and Chief Operating Officer, IBM Global Business
Services. "The platform gives enterprises the freedom to choose
from multiple providers to best meet their business and IT needs,
and we are committed to helping our clients successfully navigate
their open hybrid cloud journeys with those providers."
Headquartered in San Jose,
California, Taos is one of
the largest multi-cloud consulting and managed services firms in
North America. The company brings
30 years of experience with leading brands across technology,
financial services, healthcare, retail, transportation and
education. A leading adopter of public cloud technologies,
Taos forged strong partnerships
with Amazon Web Services, Google Cloud Platform, and Microsoft
Azure to deliver data center migration, platform engineering and
hybrid cloud managed services. Taos is recognized as an industry leader and
positioned on the Gartner Magic Quadrant for Public Cloud
Infrastructure Professional and Managed Services.1
Leading IT industry analysts estimate the market for cloud
professional services will exceed $200
billion by 2024.2 IBM's open and flexible
approach to advising, building, moving and managing clients' hybrid
environments gives enterprises the freedom to choose from multiple
providers to best meet their business and IT needs. This
acquisition is the latest example of how IBM is expanding the
breadth and depth of its hybrid cloud offerings to manage complex
integrations – of technologies, people and processes. IBM announced
its plans to acquire European cloud consulting leader Nordcloud on
December 21, 2020.
"Our laser-like focus on helping clients migrate to the cloud,
modernize multi-cloud platforms, and manage hybrid cloud
environments over the past several years is a natural fit with IBM
Global Business Services," said Hamilton Yu, CEO of Taos. "Our team brings over 300 certifications
with leading public clouds to serve clients throughout North America, and we're thrilled to join
forces with IBM and tap into its global delivery capabilities."
Financial details were not disclosed. The transaction is subject
to customary closing conditions and is expected to close in the
first quarter of 2021.
To learn more about IBM Global Business Services, please visit:
IBM External Relations
1 2020 Gartner Magic Quadrant for Public Cloud
Infrastructure Professional and Managed Services
2 Estimates based on Gartner and IDC 2024 projections
for cloud managed services and professional services.
View original content to download