International Business Machines Corp. (NYSE:IBM) and VMware, Inc. (NYSE:VMW) signed a strategic partnership agreement to boost their cloud offering for enterprises.
According to the companies, the agreement is designed to allow enterprise customers extend existing workloads easily from their on-premises-software-define data center to the cloud.
IBM has a growing footprint of 45 Cloud Data Centers worldwide while almost 100% of Fortune 100 customers are using VMware technologies. Both companies believe that their partnership will help preserve and extend customer investments across thousands of data centers.
The shares of IBM are trading around $133.38 per share, up by 0.23% while VMware shares were 1.17% to $50.07 per share at the time of this writing, around 1:38 in the afternoon in New York.
Helping companies scale globally
The computing giant said its partnership with VMware would help companies scale globally while avoiding retooling expenses, development risks and reducing security concerns. The companies could leverage VMware’s technologies and IBM’s global cloud data center footprint.
The companies worked together in designing an architecture and cloud offering that allows customers to automatically use pre-configured VMware SDDC environment composed of VMware vSphere, NSX and Virtual SAN on the IBM Cloud.
IBM and VMWare also agreed to jointly market and sell new offerings for hybrid cloud deployments including seamless workload migrations, disaster recovery, capacity expansion, and data center consolidation.
IBM and VMware extend more than 14 years of relationship
VMware CEO Pat Gelsinger said, “This partnership, an extension of our 14-year plus relationship with IBM, demonstrates a shared vision that will help enterprise customers more quickly and easily embrace the hybrid cloud.”
He added that their customers will be able to deploy their software-defined solutions efficiently and securely with sophisticated workload automation to take advantage of the flexibility and cost effectiveness of IBM Cloud.
On the other hand, IBM Cloud senior vice president, Robert LeBlanc, said, “The strategic partnership between IBM and VMware will enable clients to easily embrace the cloud while preserving their existing investments and creating new business opportunities.”