Butterfly Software Acquired by IBM

Butterfly Software Ltd., a Maidenhead, England, UK-based data analysis and migration software company, has been acquired by IBM (NYSE: IBM).

The amount of the transaction was not disclosed.

Led by Tom Hughes, chief sales officer, David Jay, chief financial officer, Craig Moore, chief strategy officer, and Ian Smith, chief technology officer, Butterfly offers storage planning software and storage migration tools, helping companies save storage space, operational time, IT budget and power consumption.

Following the acquisition, the company will become part of IBM’s software group.



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