International Business Machines Corp. has acquired today application relocation software provider Meiosys to provide more capabilities for its UNIX and Linux e-server platforms and to help advance its information on-demand strategy and virtualization capabilities.
Founded in 2000, Meiosys is privately held with venture financing provided by Alven Capital, BayTech Venture Capital, Cisco Systems, Credit Lyonnais Private Equity, Partech International, Siparex, Wellington Partners, and others. 16M$ was invested in the company, unclear yet what the transaction value was.
Headquartered in Palo Alto, California, the Company has 30 full-time employees between its offices in Palo Alto, California and Toulouse, France, and had assembled a team experienced in mission-critical application development in the aerospace, telecom and defense industries.
Meiosys provides transparent application virtualization and stateful application relocation technology to platform vendors that offer enterprise-grade Utility Computing and On-demand computing solutions through its MetaCluster Product line.
More on the transaction on Jeff's Blog.