The company has more than 2000 customers, including some big names such as CERN, Citigroup, Pratt & Whitney, and Red Bull Racing.
"This acquisition will enable Platform Computing to better serve our customers by leveraging the IBM solution portfolio and extend the reach of our pioneering distributed computing software for broader enterprise adoption," said Songnian Zhou, CEO of Platform Computing.
Helene Armitage, general manager, IBM Systems Software, said "IBM considers the acquisition of Platform Computing to be a strategic element for the transformation of HPC into the high growth segment of technical computing and an important part of our smarter computing strategy."
The transaction is expected to close before the end of thus year, after which Platform Computing's operations will be integrated into the IBM systems and technology group.
Terms of the transaction were not disclosed.