IBM Acquires StrongLoop for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8c8d815-9d2f-4ba4-8d0d-af3b712f1b05
Date
9/11/2015
Company Name
StrongLoop
Mailing Address
107 South B Street San Mateo, CA 94401 USA
Company Description
StrongLoop Node is our supportable distribution of Node.js intended for production use. It is backed by support plans priced competitively, for wherever you might be in your development lifecycle
Website
http://www.strongloop.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed by the companies. IBM intends to integrate Node.js capabilities from StrongLoop with its software portfolio.