IBM has completed the acquisition of SoftLayer Technologies Inc: stakes and opportunities.

As IBM cloud revenue grew, by 80 percent in 2012, IBM wants to maintain this dynamic, by continuing to invest with the goal to reach $7 billion annually in cloud revenue by the end of 2015.

You may recall that, on June 4, IBM announced that it had entered
into a definitive agreement to acquire SoftLayer, henceforth since this morning; definitely, IBM has completed the acquisition of SoftLayer Technologies Inc.

This means, a privately held cloud computing infrastructure company based in Dallas, Texas,SoftLayer joins IBM’s new cloud services division, which combines SoftLayer with IBM SmartCloud into a global platform.

Henceforth the new division, led by General Manager James Comfort, will provide a broad range of choices to both IBM and SoftLayer clients, ISVs, and channel and technology partners.