Lance Crosby, the Chief Executive Officer (CEO) and founder of SoftLayer, has resigned from the cloud computing leader just over a year and a half after IBM acquired the company. Speculation regarding the cause of Mr. Crosby's resignation includes IBM making Robert LeBlanc head of the recently established IBM Cloud unit.
Established in 2005 and with headquarters in Dallas, Texas, SoftLayer Technologies, Inc. has data centers in a number of countries including France, Germany and Hong Kong. The company offers cloud computing alongside dedicated and managed hosting services and was acquired by IBM in 2013 for a sum of around $2 billion - a move was intended to give a boost to Big Blue's cloud footprint.
SoftLayer has received around $1.2 billion in investment from IBM since the acquisition and Mr. Crosby has been in charge of managing every aspect of the global expansion of the corporation's cloud business. After bringing Mr. LeBlanc to his new position, Mr. Crosby was apparently offered the position of Head of Innovation for IBM Cloud, but declined the role.
It is thought that SoftLayer might ultimately be fully absorbed into IBM cloud. This news comes alongside rumors that IBM is heading towards a period of restructuring with around 50,000 to 100,000 staff potentially going to lose their jobs.