SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
 
| More

IBM - FEATURED ARTICLES

May 29, 2012

IBM Completes Deal to Acquire Vivisimo

By Ed Silverstein, TMCnet Contributor

IBM (News - Alert) has completed the acquisition of Vivisimo. Financial details of the deal were not released.


Vivisimo provides products that give access to and analysis of big data, according to a report from Reuters. With the purchase complete, Vivisimo will be integrated into IBM's big data platform, Reuters (News - Alert) adds. Some 120 Vivisimo employees will become part of IBM's Software Group.

Vivisimo has 140 clients in diverse sectors. These include: consumer goods, electronics, financial services, government offices, life sciences and manufacturing. Airbus, the U.S. Air Force, the Social Security Administration, the Defense Intelligence Agency, the U.S. Navy, Procter & Gamble, Bupa, and LexisNexis (News - Alert) are among the company’s current clients.

In addition, software from Vivisimo automates big data discovery, according to a company statement from IBM. It gives the information needed for key business initiatives. With the deal, IBM and Vivisimo software will also offer strategic advantage to clients, the press release adds.

Research firm IDC said that the market for big data technology and services will likely increase by close to 40 percent a year to reach $16.9 billion by 2015, according to the press release. With this growth, IBM has a keen interest in big data, and the new deal helps to provide a competitive advantage.

"Game-changing insights are locked inside big data and clients want an easier way to unlock their full potential," Arvind Krishna, general manager, Information Management, IBM Software Group, said in the press release. "This acquisition of Vivisimo will help clients uncover new data and combine it with existing information assets for analysis that leads to smarter business decisions. No other vendor provides this depth and breadth of information management and analytics for big data."

Also, with Vivisimo new applications will be offered that can provide analytics on data in native form, and apply governance and security to big data, IBM said. Workloads will also be optimized. Before the deal, Vivisimo was a privately-held company based in Pennsylvania, according to TMCnet.




Edited by Brooke Neuman



comments powered by Disqus

FREE eNEWSLETTER


IBM NEWS


FEATURED WHITE PAPERS


IBM RSS FEEDS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy