ARMONK, N.Y. (AP) — IBM said Friday that it has completed its acquisition of CSL International, which provides virtualization management technology, boosting the capabilities of a key mainframe system.
The Armonk, N.Y. company first announced the deal in July but financial terms were not disclosed.
The combination of IBM and the privately held Israeli company will allow clients to manage all aspects of their systems including memory, storage, and network resources, IBM said.
IBM said that the deal improves the consolidation and cloud storage capabilities of its zEnterprise mainframe server system by making it simpler to manage. The zEnterprise system allows clients to host the workloads of thousands of commodity servers on a single system, boosting simplicity and security, while reducing costs.
Shares of International Business Machines Corp. fell 19 cents to $182.45, in line with the broader market performance.