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International Business Machines Corp Completes Acquisition Of Vivisimo


Tuesday, 29 May 2012 11:04am EDT 

International Business Machines Corp announced it has completed the acquisition of Vivisimo, provider of federated discovery and navigation software that helps organizations access and analyze big data. Financial terms were not disclosed. Vivisimo will be integrated into IBM's big data platform which can analyze any data in motion or at rest. Vivisimo has more than 140 clients in industries such as government, life sciences, manufacturing, electronics, consumer goods and financial services. Clients include Airbus, U.S. Air Force, Social Security Administration, Defense Intelligence Agency, U.S. Navy, Procter & Gamble, Bupa, and LexisNexis among others. With the closing, approximately 120 Vivisimo employees will join IBM's Software Group.IBM will incorporate Vivisimo technology into its big data platform and sell Vivisimo products individually. 

Company Quote

190.01
-6.39 -3.25%
17 Apr 2014