IBM acquired Softlayer this morning for $2 billion. We’d predicted this on CB Insider (our subscription research offering) in mid-April. We’ve copied the post below in its entirety or you can click here to see the actual post after logging into CB Insights (we’ve removed the paid subscriber requirement to see it).
We nailed three things in the initial CB Insider brief, specifically:
- Softlayer’s exit would come soon
- IBM is a suitor
- The valuation