IBM snaps up Compose to extend its cloudy database options
July 23, 2015
Grazed from Fortune. Author: Barb Darrow.
IBM continues to build out its database portfolio with the acquisition of Compose, which offers several open-source-oriented database options. Compose, which raised about $6.4 million dollars since its founding in 2011, is privately held; terms of the IBM purchase were not disclosed.
What Compose, in Mountain View, Calif., brings to the table is a way to attract a new flock of web and mobile developers that are not part of the IBM enterprise rubric and let them try out lightweight database services based on MongoDB, Redis, Elasticsearch, PostgreSQL, RethinkDB and other databases…
Last year, IBM purchased Cloudant, a provider of CouchDB-based database services, so it looks like it’s filling in its open-source database checklist here. Compose will become part of Big Blue’s cloud data services group, led by general manager Derek Schoettle, former CEO of Cloudant…
Read more from the source @ http://fortune.com/2015/07/23/ibm-compose-database/