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

February 27 Morning Report: GovCon Index Gets Boost as Trump Reaffirms Military Buildup Plan

Executive Mosaic’s GovCon Index posted a 0.625-point climb Friday to record a fourth consecutive weekly gain …

February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as …

Subscribe to our Newsletter
I will subscribe later