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.
“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.