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IBM to Acquire Cloudant: Open, Cloud Database Service Helps Organizations Simplify Mobile, Web App and Big Data Development

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The following press release announces IBM’s intent to Acquire Cloudant: ARMONK, N.Y. – 24 Feb 2014: IBM (NYSE: IBM ) today announced a definitive agreement to acquire Boston, MA-based Cloudant, Inc., Cloudant could not have found a better home than IBM.” – bg. Financial terms were not disclosed.

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