IBM buys Bluetab a Spanish big data company for 80 million euros

Bluetab, an IBM Company

Bluetab is a Spanish big data firm that has just been bought by the giant IBM. In this case, the Spanish company that was founded in 2005 offers the possibility of increasing the portfolio of hybrid cloud and data consulting solutions in various Latin American markets.

The amount that the American company could have paid for this company is close to 80 million as explained by some media such as Five days. IBM’s own vice president, Mark foster, explains that the purchase of these companies will drive migration to cloud and help your customers get even more out of their data.

By your side one of the co-founders of Bluetab, José Luis López, explained that they have been working for many years with effort and dedication to get the most out of their clients. He is very proud of all the work team that they have assembled during this time and of what they have achieved. It seems that the purchase of IBM has gone down well with investors in this company and in the United States.

The main clients of this Madrid-based company are related to the telecommunications, energy, banking and even public services sectors in our country, Mexico, Colombia and Peru. We are sure that IBM will get the most out of this purchase that would have a cost of between 70 and 80 million euros. Now only the signatures of both companies are missing and wait for the regulatory authorizations so that it is all official, all this could happen during the last quarter of this year.

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