IBM is announcing plans to acquire NS1, a leading provider of network automation SaaS solutions that are designed to enable businesses to deliver content, services and applications to millions of users while helping optimize performance, reliability, security and cost. Headquartered in New York, NS1 helps enterprises in their efforts to ensure that their customers can easily access the services they desire across the Internet today.
Today’s news marks IBM’s second acquisition of 2023. Since Arvind Krishna became CEO in April 2020, IBM has acquired more than 30 companies, bolstering its hybrid cloud and artificial intelligence (AI) capabilities. IBM is continuing to bring cutting-edge capabilities to its network automation portfolio to help enterprises better manage their hybrid multicloud environments with solutions for zero-touch network operations, complete observability of network health, and managing applications from the cloud to the edge.
The transaction is expected to close in the first half of 2023 and is subject to customary closing conditions and regulatory clearances. Following close, NS1 employees will join IBM Software. NetBox Labs will separate from NS1 as part of this transaction. IBM will be an investor in NetBox Labs. Financial details were not disclosed.
