Home / M&A Activity / IBM Completes Buy Of Big Data Firm Vivisimo

IBM Completes Buy Of Big Data Firm Vivisimo

IBM (NYSE: IBM) completed its purchase of discovery and navigation software provider Vivisimo for an undisclosed amount, IBM announced Tuesday.

Vivisimo has more than 140 customers in both the public and private sectors, including the U.S. Air Force, Navy Social Security Administration and the Defense Intelligence Agency.

IBM said it would integrate nearly 120 Vivisimo employees into its software group and incorporate acquired technology into its big data platform.

The company said the acquisition positions it to pursue growth in the big data market and offer solutions that give customers the ability to analyze large data sets.

IBM said its big data platform accesses, stores and analyzes both mobile and fixed data.

Clients use the platform to develop new applications for data analytics and big data security, the company said.

Check Also

Former DHS Secretary Jeh Johnson Rejoins Law Firm Paul, Weiss in Partner Role

Jeh Johnson, former secretary of the Department of Homeland Security, has returned to Paul, Weiss, …

BAE’s U.S. Arm Names 15-Year Vet Terry Crimmins Electronic Systems Sector Head; Jerry DeMuro Comments

Terry Crimmins, formerly vice president and deputy general manager of the electronic systems sector at BAE Systems‘ …

Subscribe to our Newsletter
I will subscribe later