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IBM Completes Acquisition of OpenPages

IBM Corporate Headquarters, Armonk NY. Image credit: IBM

ARMONK, N.Y., – 21 Oct 2010:

IBM (NYSE: IBM) today announced that it has completed its acquisition of OpenPages, a leading provider of software that helps companies more easily identify and manage risk and compliance activities across the enterprise through a single management system.

IBM’s approach to risk management will help organizations drive better business outcomes, lower the cost of risk management and compliance activities, better allocate resources and reduce risk of loss.  When coupled with IBM’s services capabilities, systems management, security, information governance and other IT governance capabilities, clients will have an accurate and actionable view of the risks that might otherwise undermine enterprise performance.

In related news today, IBM announced it has acquired Clarity Systems to further expand its business analytics portfolio and help complete the most comprehensive and deep set of solutions for financial analytics and optimization.   (more…)

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