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 StoredIQ

Expands IBM’s Big Data Initiatives

ARMONK, N.Y. – 07 Feb 2013: IBM today announced it has completed the acquisition of StoredIQ, a privately held company based in Austin, Texas.

The acquisition advances IBM’s efforts to help clients derive value from big data, respond more efficiently to litigation and regulations, and dispose of information in an automated way that has outlived its purpose.   (more…)

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IBM Introduces New Foundation for Mobile Computing

Comprehensive Platform of Software and Services Advances IBM’s Mobile Capabilities; Helps Clients Embrace Growing Mobile and Cloud Computing Business Opportunities

LAS VEGAS – 30 Apr 2012: IBM today unveiled its first ever Mobile Foundation, a comprehensive portfolio of software and services designed to help organizations capitalize on the proliferation of mobile environments — including laptops, smartphones and tablets. (#IBMmobile)

Building on its recent acquisition of Worklight, the new foundation further expands IBM’s strategy to provide clients with a mobile platform that spans application development, integration, security and management. (more…)

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Microsoft, Facebook Announce Patent Agreement

Companies strike deal to split patents secured by Microsoft from AOL Inc.

REDMOND, Wash. and MENLO PARK, Calif. — April 23, 2012 — Microsoft Corp. and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc. Facebook has agreed to purchase this portion for $550 million in cash.

In the initial AOL auction, Microsoft secured the ability to own or assign approximately 925 U.S. patents and patent applications plus a license to AOL’s remaining patent portfolio, which contains approximately 300 additional patents that were not for sale.As a result of today’s agreement, Facebook will obtain ownership of approximately 650 AOL patents and patent applications, plus a license to the AOL patents and applications that Microsoft will purchase and own. (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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IBM Closes on Acquisition of Platform Computing

ARMONK, N.Y. – 09 Jan 2012: IBM today announced it has completed the acquisition of Platform Computing, a privately held company headquartered in Toronto, Ontario, Canada. Financial terms were not disclosed.

On October 11, 2011, IBM announced that it had entered into a definitive agreement to acquire Platform Computing, a global leader in cluster, grid and cloud management software for distributed computing environments. (more…)

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