IBM acquires European cloud consulting firm Taos

IBM acquires European cloud consulting firm Taos


IBM (NYSE:IBM) has announced an agreement to acquire cloud professional and managed services provider Taos.

Headquartered in San Jose, California, Taos is a large multi-cloud consulting and managed services firm in North America.

The company brings 30 years of experience with brands across technology, financial services, healthcare, retail, transportation and education.

"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."

Taos has formed partnerships with Amazon Web Services, Google Cloud Platform, and Microsoft Azure to deliver data centre migration, platform engineering and hybrid cloud managed services.

IT industry analysts estimate the market for cloud professional services will exceed $200 billion by 2024.

The company said the acquisition is the latest example of how IBM is expanding its hybrid cloud offerings to manage integrations of technologies, people and processes.

IBM announced its plans to acquire the European cloud consulting company on December 21, 2020.

"Our laser-like focus on helping clients migrate to the cloud, modernise 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 and the transaction is expected to close in the first quarter of 2021.

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