IBM’s latest big data acquisition, file transfer firm Aspera

IBM on Thursday announced an agreement to acquire Aspera, an Emeryville, Calif.-based firm specializing in large file transfers. Terms were undisclosed.

Aspera’s patented software, called “fasp,” cuts transfer times for large files and functions both in the cloud and on premise, according to IBM. Fasp’s users span from life science teams organizing genomic data to media companies uploading television shows or movies to online streaming services. In October, Aspera received an Emmy award for Outstanding Achievement in Engineering Development.

A boy with toy gun poses for picture in front of barricades at the police headquarters in the eastern Ukrainian town of Slaviansk, April 17, 2014. Russian President Vladimir Putin said on Thursday that Ukraine's government needs to provide guarantees to its Russian-speaking population in the east of the country to resolve the crisis. REUTERS/Gleb Garanich (UKRAINE - Tags: POLITICS CIVIL UNREST TPX IMAGES OF THE DAY)

Photos of the day

Ukrainian crisis, Iranian mother spares the life of her son’s killer just before his execution, Easter play and more.

“Our experience working with thousands of clients on Big Data projects tells us that companies can better compete and win when they can quickly extract value from massive volumes of data,” John Mesberg, IBM’s vice president of business-to-business and commerce solutions, said in a statement.

The deal, expected to close in early 2014, is the latest in IBM’s string of big data related acquisitions. IBM announced its plans in October to acquire The Now Factory, a Dublin-based telecommunications analytics company; in March it acquired Vivisimo, a search engine software analytics company based in Pittsburgh, and in February it reached a deal to acquire Redwood City, Calif.-based financial analytics firm Star Analytics.

 
Read what others are saying