What I am reading:
IBM has acquired cloud computing startup Cast Iron Systems to “broaden the delivery of cloud computing services for clients.” Cast Iron Systems provides a SaaS cloud integration software. Financial terms of the deal were not disclosed.
Cast Iron Systems’ software-as-a-service provides cloud cpmputing integration appliances for large and midsize companies, including Allianz, NEC, Peet’s Coffee & Tea, Dow Jones, Schumacher Group, ShoreTel, Sports Authority, Time Warner, Westmont University and others. The company has capitalized on the growing trend of companies running key business applications through software as a service models and cloud deployments. 
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