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U.S.-based tech giant IBM Corp. (NYSE: IBM) announced on Tuesday it has acquired Nordcloud, a European cloud implementation, application transformation, and managed services provider. The acquisition comes just days after IBM announced it acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day.

Founded in 2011, Nordcloud claims to be a European leader in public cloud infrastructure solutions and cloud-native application services. The company revealed that since 2012, it has completed more than 1,000 successful deployments, which have helped its enterprise customers “reap the benefits” of the cloud, including “better” security, agility, scalability, and reduced costs. read more here

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