Feeds

IBM buys Maersk Data

Fancy a Danish

  • alert
  • submit to reddit

High performance access to file storage

IBM has splashed out an unspecified amount to acquire Danish computer services firm, Maersk Data, a subsidiary of the A.P. Møller-Maersk Group. It is also buying DM Data, an outsourcing business jointly owned by A.P. Møller-Maersk and WM Data.

A.P. Møller-Maersk Group said that Maersk Data is its preferred IT supplier, but it is too small to meet the future needs of its parent. The group was reluctant to invest large amounts in growing the subsidiary, preferring to focus on its core businesses of freight and oil. By selling it to IBM, Maersk Data will get the investment it needs to keep pace with its old parent company, and will retain preferred supplier status.

Maersk Data Group employs nearly 3,000 people in Denmark to IBM's 3,700, and last year turned over €467m. The Register understands that there are no plans for large scale redundancies at this point, meaning that the deal will create a near 7,000 strong company - a giant by Danish standards. IBM is already the top computer services firm in Denmark, while Maersk Data comes in at No.5.

The sale, if given regulatory approval, will give IBM a 30 per cent market share of the Danish computer services market. It will improve the A.P. Møller-Maersk Group profits by around €335m a year. ®

Related stories

IBM snags software maker Cyanea
IBM grabs Alphablox
IBM locks in VMware through 2007

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.