IBM, Thursday announced the acquisition of San Mateo, California-based Compose, a privately held company that provides MongoDB, Redis, Elasticsearch, PostgreSQL, and other database as a service (DBaaS) offerings targeted at web and mobile app developers. The acquisition is expected to continue IBM’s commitment to open source technology and communities across the entire cloud stack.
According to IBM, Compose will bring on-board an enhanced framework to deliver highly sought after, production ready, cloud database services for developers. IBM’s containerized data services approach will further drive the introduction of new Cloud Data Services offerings. The cloud database arena is projected to be worth $14 billion by 2019, and open source databases like MongoDB are a significant part —and rapidly growing portion —of this sector.
Derek Schoettle, General Manager, IBM Cloud Data Services
Compose’s breadth of database offerings will expand IBM’s Bluemix platform for the many app developers seeking production-ready databases built on open source. Compose furthers IBM’s commitment to ensuring developers have access to the right tools for the job by offering the broadest set of DBaaS service and the flexibility of hybrid cloud deployment.
Kurt Mackey, co-founder and CEO of Compose
By joining IBM, we will have an opportunity to accelerate the development of our database platform and offer even more services and support to developer teams. As developers, we know how hard it can be to manage databases at scale, which is exactly why we built Compose –to take that burden off of our customers and allow them to get back to the engineering they love.