IBM has announced an agreement to acquire cloud professional and managed services provider Taos. The acquisition is intended to further advance IBM’s cloud migration and transformation capabilities, an important aspect of tech giant’s hybrid cloud platform growth strategy.
Taos brings 30 years of experience in the cloud professional services market, which, IT industry analysts estimate, will exceed $200 billion by 2024.
Headquartered in San Jose, California, 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.
IBM had recently announced its plans to acquire European cloud consulting leader Nordcloud on December 21, 2020. Earlier this week, IBM acquired Salesforce consultancy provider 7Summits to drive digital transformation and extend its portfolio of services for Salesforce clients.
“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,” said John Granger, Senior Vice President, Cloud Application Innovation and Chief Operating Officer, IBM Global Business Services.
Financial details were not disclosed. The transaction is expected to close in the first quarter of 2021.