Investments, News

IBM acquires Aspera, the company behind reducing the upload time for a 24GB file from 26 hours to 30 seconds

IBM-AsperaAspera Inc., a CA based bootstrapped file transfer firm whose technology helps its clients like Apple securely speed the movement of massive data files, have recently been acquired by IBM. The deal is expected to close in the first quarter 2014. The financial details have remain undisclosed.

Licensed to clients and partners either in the cloud or on premise, Aspera’s high-speed transfer technology reduces transmission times for large files or data sets by up to 99.9 percent – potentially cutting a 26 hour transfer of a 24 gigabyte file, sent halfway around the world, down to just 30 seconds. Also providing security, bandwidth control and predictability, at the same time.

One of Aspera’s biggest clients include Apple which uses its technology to upload videos to the iTunes store.

Companies today are struggling to manage increasing volumes of structured and unstructured data created by everything from sensors to social media. This becomes even more critical with the growing adoption of cloud computing, where companies need a more effective way to transport extremely large files to and from cloud platforms.

By combining Aspera with the power of cloud computing, customers have a practical and cost effective way for big data transfers such as enterprise storage backup, sharing virtual images or bursting to the cloud for increased computing capacity.

According to John Mesberg, Vice President, B2B and Commerce Solutions, IBM, in today’s competitive scenario, companies can better compete and win when they can quickly extract value from massive volumes of data. “With this acquisition, IBM addresses a key challenge for globally integrated enterprises by allowing them to move large data files much faster to the individuals who need them, wherever in the world they may be”, he added.

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