IBM Acquires Compose
IBM has recently announced that it has acquired Compose, a startup company that began in 2010, in order to continue expansion of its cloud services. Previously known as MongoHQ, it was the first database as a service which allows application developers to easily deploy and scale data store using with backups, monitoring, performance tuning as well as full suite of management tools.
As said in an announcement, “Today we are excited to announce that Compose is joining IBM. As founders, it was the biggest and most important decision we’ve ever had to make – much more difficult than we ever would have guessed back when we only dreamed of having a successful company. While we are profitable and growing fast, we think now is the right time to team up with a larger company.”
An IBM spokesperson has relayed that users will not be affected under this deal as Compose will continue business as usual. IBM is always looking for cloud companies to acquire in order to expand its cloud services and compete with companies such as Google, Microsoft, and Amazon.
Derek Schoettle, general manager of IBM Cloud Data Services and former CEO of Cloudant, has commented, “Compose’s breadth of database offerings will expand IBM’s Bluemix platform for the many app developers seeking production-ready databases built on open source. Compose furthers IBM’s commitment to ensuring developers have access to the right tools for the job by offering the broadest set of DBaaS services and the flexibility of hybrid cloud deployment.”