Meiosys sale success for large VC syndicate

IBM has acquired Meiosys, a privately held company based in Palo Alto and Toulouse. Meiosys provides unique software technologies that enable applications to be dynamically moved from one server or set of servers to others without disruption. Financial terms of the acquisition were not disclosed. The deal represents an exit for a syndicate of investors including Cisco Systems, Alven Capital, BayTech Venture Capital, Crédit Agricole, Private Equity, Partech International, Siparex, Sudinnova and Wellington Partners.