International Business Machine (IBM) is set to acquire CA-based Aspera, Inc, for an undisclosed amount. Aspera's technology helps to speed up the movement of massive data files securely across the globe.
Aspera's patented high-speed transfer technology helps companies transfer large files or data sets in minimal time. The system increases the efficiency of file transfer exponentially, reducing a 26 hour transfer of a 24 gigabyte file, forwarded halfway around the world, to just 30 seconds.
The fasp technology patented by Aspera helps to overcome inherent blocks in a broadband wide area network thereby increasing the speed of large file transfers. These files include video or scientific research files.
This acquisition would help IBM to introduce an innovative solution for its clients, which might help them to manage increasing volumes of structured as well as unstructured data created by everything from sensors to social media.
The company has taken the inorganic route to growth time and again, which helped it to gain access to new technology. This strategy has helped IBM to enhance its product portfolio, which ultimately helps in generating incremental revenues, strengthen its technology leadership and leads to a more favorable mix of business.
IBM will continue to benefit from its new initiatives like cloud computing, smarter planet, business analytics and optimization over the long term. However, stiff competition from Hewlett Packard Co. (HPQ), Microsoft Corp. (MSFT), and Oracle Corp. (ORCL) and sluggish IT spending are the major headwinds going forward.
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