The financial terms of the acquisition were not disclosed in the press release, but market sources believe IBM paid about $20 million.
First announced last month, the acquisition deepens the consolidation and cloud capabilities of IBM zEnterprise technology by offering “simplified set up and management of the virtualization environment.”
A formerly privately held company headquartered in Herzliya Pituach, Israel, CSL International provides CSL-WAVE software that lets clients monitor and manage their z/VM and Linux on System z environments using a drag and drop interface.
The software will be integrated as a key part of the IBM zEnterprise portfolio in early 2014.
“Around the world, companies of all sizes rely on IBM zEnterprise Systems for their efficiency, reliability and security,” said Patrick Toole, general manager of IBM System z. “With CSL-WAVE software in our portfolio, it will be easier for new and existing clients to set up and manage clouds on the mainframe, enabling them to provide enhanced services and support around big data, analytics and mobile to their customers.”
The acquisition closing comes on the heels of IBM’s recently announced enhancements across its entire zEnterprise portfolio including a new business class mainframe, the IBM zEnterprise BC12, designed for the latest in analytics, cloud, and mobile computing, and new industry solutions and enhanced software and operating systems.
Virtualization has been designed into the foundation of the IBM zEnterprise System z architecture since its inception nearly 50 years ago.