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/By Ilan Shavit /
IBM Corp. (NYSE: IBM) has announced its intent to acquire Herzliya-based CSL International, a leading virtualization management solution provider for IBM z/VM and Linux on System z. Financial terms were not disclosed but market sources believe IBM is paying about $20 million.
According to the announcement the strategic investment in the System z portfolio deepens its consolidation and cloud capabilities by offering simplified management of the Virtualization environment.
CSL International’s CSL-WAVE software provides drag and drop simplicity to instantly create, discover, visualize and connect virtual servers to resources allowing clients to free up more skilled staff to address other business challenges.
The software enables companies to monitor and manage their z/VM and Linux on System z environments using a powerful and easy-to-use interface.
The zEnterprise System enables clients to host the workloads of thousands of commodity servers on a single system for simplification, improved security and cost reduction. The combination of IBM and CSL International technologies will allow clients to manage all aspects of z/VM and Linux on System z virtualization, including CPU, memory, storage, and network resources.
IBM said that the acquisition is expected to close in the third quarter of 2013, subject to the satisfaction of customary closing conditions and applicable regulatory reviews. CSL International has eight employees.