IBM to Strengthen Analytics Capabilities through Initiate Systems Acquisition
February 6, 2010
Entering into the 30th acquisition under its information and analytics strategy, IBM Corporation has signed an agreement with Initiate Systems, to acquire the data integrity software provider for an undisclosed amount. The agreement is subject to customary closing conditions and regulatory clearance. Initiate Systems will operate with IBM’s Information Management business, following the expected closing of the agreement during the 1Q 2010. Initiate’s technology assets are anticipated to fortify IBM’s offerings for the healthcare and government clients. Read more
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