Feeds

IBM buys disaster recovery biz

Schlumberger sells

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

IBM has bought Schlumberger's business continuity division for an undisclosed sum. The deal gives IBM 40 new recovery sites and an extra 10, 000 seats in Europe and the US. Schlumberger Business Continuity Services (SBCS) has long-term contracts with 750 clients. Terms of the deal were not given.

The unit will be rolled into IBM's Global Services and 260 staff from SBCS will move across.The unit was the last remnant of Sema which oil services giant Schlumberger bought in April 2001 for $5bn. The rest of Sema was picked up by Atos Origin in January 2004. Atos Origin is providing IT services for the Athens Olympics.

IBM said the deal will complement and expand its continuity services. It expects the market for data backup and disaster recovery to grow with the arrival of data protection regulations Basel II and Sabanes-Oxley. ®

Related stories

Schlumberger Sema: UK eHealth market poised for substantial growth
Atos Origin: tough turnaround for Sema
Atos Origin buys Sema

Next gen security for virtualised datacentres

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.