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Converge Technology (TSX:CTS) announces licensing agreement with IBM

Technology
TSX:CTS
26 May 2022 15:45 (EDT)
Converge Technology Corp - CEO, Shaun Maine

Source: Converge Technology Solutions Corp

Converge Technology (CTS) announced a licensing agreement with IBM to extend its cloud capabilities with Converge Enterprise Cloud on IBM Power for Google Cloud Platform.

The company plans to extend and accelerate its product roadmap on IBM Power with new procurement models, locations and features.

The Converge solution aims to empower customers with seamless procurement and billing via Google Cloud Marketplace, integrated support via Google Cloud Customer Care, and a self-service interface for provisioning.

IBM Power has been available as a service on the Google Cloud Platform since January 2020. Clients can benefit from Converge’s industry expertise and dedication to the platform, with seamless service and experience by Converge across AIX and, in the future, IBM I and Linux operating environments.

Converge has a track record of modernizing enterprise workloads running on IBM Power, uniquely combined with Google Cloud Services. A result is a modernize-to-value approach for hybrid cloud strategies.

Converge Technology is a software-enabled IT & Cloud Solutions provider and focuses on delivering industry-leading solutions and services. The company’s global solution approach provides advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.

Converge Technology Solutions Corp. (CTS) was up 2.01 per cent, trading at C$7.11 per share at 3:30 pm ET.

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