IBM's SoftLayer chief departs amid cloud transition

The head of IBM’s SoftLayer cloud services business has left the company, hard on the heels of IBM naming another executive to lead a new cloud division.“We wish Lance Crosby the best as he takes a well-deserved break before pursuing new endeavors,” IBM said in a statement Wednesday, confirming his departure.IBM acquired SoftLayer in 2013 for $2 billion. Its technology has become a key part of IBM’s cloud offerings, for which revenue amounted to $7 billion in 2014, the company reporte