The company is being acquired by IBM to play a crucial role in Big Blue’s telecom sector strategy
Big Blue IBM has recently made an announcement that it will be acquiring Volta Networks to strengthen its automation arsenal. Volta Network is a telco software provider that is well-known for its cloud router. Volta’s offering will allow clients to run multiple virtual routers on low-spec hardware. Volta was founded by former executives of Juniper and Cisco in 2015, and it quickly gained immense traction in the market. The company is being acquired by IBM to play a crucial role in Big Blue’s telecom sector strategy. IBM did not publicize the deal when it took place because of directions from Andrew Coward.
Volta Network joins the elite list of IBM’s latest acquisition spree, which has names like Red Hat, Accanto, Turbonomic, and Instana. While we know that Red Hat will continue to be an independent entity, we must know that Coward is swiftly wrapping up small businesses into a platform that is already well-set with high-profile customers. Coward has stated that the latest acquisition was made to expand IBM’s leadership in analytics and automation. He furthermore added that Volta Networks’ technology would be used to manage the company’s cloud network resources. This move will fit IBM’s narrative of Cloud Pak for Network Automation.