IBM Puts Up $2B For Cloud-Computing Firm SoftLayer

By Karlee Weinmann (June 4, 2013, 1:39 PM EDT) -- IBM Corp. will swallow up private equity-backed SoftLayer Technologies Inc. in a deal reportedly worth $2 billion as part of a wide-reaching plan to cash in on growing demand for cloud-based solutions, especially among small and midsize businesses, the companies said Tuesday....

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