IBM has acquired Taos, a leading Cloud professional and managed services provider, for an undisclosed sum as it boost its Hybrid Cloud capabilities. Headquartered in San Jose, California, Taos has 30 years of technologic, financial, health, retail, transportation and training experience with leading brands.

A leading adopter of public cloud technology, Taos forged strong alliances in offering data-center migration, platform architecture and hybrid cloud management solutions with Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure, IBM said in its statement on Thursday.

"Taos adds the deep expertise, public cloud partnerships and innovative solutions needed to drive growth and adoption of IBM's hybrid cloud platform throughout the Americas," said John Granger, SVP, Cloud Application Innovation and COO, IBM Global Business Services.

Leading IT industry analysts estimate the market for cloud professional services will exceed $200 billion by 2024.

"Our laser-like focus on helping clients migrate to the cloud, modernize multi-cloud platforms, and manage hybrid cloud environments over the past several years is a natural fit with IBM Global Business Services," said Hamilton Yu, CEO of Taos.

Earlier this week, IBM announced to acquire Salesforce consultancy provider 7Summits to advance the firm's Salesforce, cloud, and AI ambitions.

IBM in December announced its plans to acquire European cloud consulting leader Nordcloud for an undisclosed sum.