Tag Archives: acquisition

IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson

Promontory’s 600 professionals and offerings will form the foundation of new Watson Financial Services portfolio from IBM’s Industry Platforms business

ARMONK, N.Y. – 29 Sep 2016: IBM today announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm.  Upon close, the capabilities of Promontory combined with IBM’s deep industry expertise and Watson’s cognitive capabilities will directly address the massive operational effort and manual cost of escalating regulation and risk management requirements. (more…)

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IBM Closes Acquisition of Resource/Ammirati

IBM enhances global design and digital capabilities to create transformative brand experiences for clients

ARMONK, N.Y. – 24 Feb 2016: IBM today announced it completed the acquisition of Resource/Ammirati — a leading, US-based digital marketing and creative agency — to join IBM Interactive Experience or IBM iX, the world’s largest digital agency (1). Financial terms were not disclosed. (more…)

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IBM Closes Acquisition of CSL International

ARMONK, N.Y – 30 Aug 2013: IBM today announced it has completed the acquisition of CSL International, a leading provider of virtualization management technology for IBM’s zEnterprise System. CSL International was a privately held company headquartered in Herzliya Pituach, Israel. Financial terms were not disclosed.

The acquisition deepens the consolidation and cloud capabilities of IBM zEnterprise technology by offering simplified set up and management of the virtualization environment. CSL International’s CSL-Wave software enables clients to monitor and manage their z/VM and Linux on System z environments using a powerful drag and drop interface. The software will become part of the IBM zEnterprise portfolio in early 2014. (more…)

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IBM Completes Acquisition of Emptoris to Expand Smarter Commerce Initiative

*IBM completes acquisition of Emptoris to expand Smarter Commerce initiative*

ARMONK, N.Y., – 01 Feb 2012: IBM today announced it has completed its acquisition of Emptoris Inc.  The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies.

Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce.  Smarter Commerce helps organizations that are struggling to meet the demands of a rapidly changing market.  The acceleration in online connectivity and speed, combined with the explosion of information and unprecedented access to it, is reshaping globally interconnected commerce systems.  This new digital marketplace requires companies to respond rapidly to customer demands by automating their buying, marketing, selling and service processes. (more…)

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Microsoft Acquires Video Content Discovery Company VideoSurf

REDMOND, Wash., and SAN MATEO, Calif. — Nov. 22, 2011 — Microsoft Corp. has announced the acquisition of California-based video discovery technology company VideoSurf Inc.

Founded in 2006, VideoSurf offers a back-end computer vision technology that “sees” frames inside videos to make discovering content fast, easy and accurate. Over time, Microsoft will integrate this technology across its entertainment platform to augment the Xbox 360 ecosystem and evolve search and discovery of entertainment content on Xbox LIVE. (more…)

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IBM Closes on Acquisition of TRIRIGA, Inc.

*Accelerates Advanced Intelligence for Smarter Buildings Transformation*

ARMONK, N.Y., – 14 Apr 2011: IBM today announced that it has completed the acquisition of TRIRIGA, Inc., a privately-held company based in Las Vegas, Nevada. Financial terms were not disclosed.

On March 22, IBM announced that it had entered into a definitive agreement to acquire TRIRIGA, a leading provider of facility and real estate management software solutions.

Many of the systems that constitute a building – heat, water, sewage, electricity and physical assets – are managed independently and often inefficiently.  Collecting, managing and analyzing data in buildings provides actionable insight to energy, space and facilities management. (more…)

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IBM Completes Acquisition of Netezza

ARMONK, N.Y. – 11 Nov 2010: IBM today announced the closing of its acquisition of Netezza Corporation. Netezza will expand IBM’s business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost of ownership. IBM announced a definitive agreement to acquire Netezza on September 20, 2010.  (more…)

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