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IBM Pumps $1.2B into the Cloud, With SoftLayer at the Core

IBM Pumps $1.2B into the Cloud,  With SoftLayer at the Core

IBM Cloud Commitment .jpg

When IBM called the SoftLayer acquisition a really big deal last year, it wasn’t talking about the price tag. But until now, it was unclear how all the pieces would fit.

Today, IBM answered many of those questions. It’s pumping $1.2 billion into its cloud computing business — and putting SoftLayer at its core. It even brought out IBM SoftLayer CEO Lance Crosby, shown left, to "examine servers" at the IBM SoftLayer data center in Dallas today.

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