Home / M&A Activity / IBM Completes Purchase of Big Data, Intelligence Analytics Firm

IBM Completes Purchase of Big Data, Intelligence Analytics Firm

IBM (NYSE: IBM) has completed its acquisition of i2 Group, an intelligence analytics firm.

The move will expand IBM’s big data analytics software and help governments and law enforcement access and analyze information to combat crime, fraud and other security threats, IBM said in a release.

The company said its software will enable officials to put together useful information that may seem unrelated or that were previously inaccessible for analysis.

i2 works with eight of the world’s 10 largest companies and has customers in 150 countries, IBM said. i2 offerings support the U.S. Army, the Los Angeles Sheriff’s Department and the majority of U.K. police forces.

“Helping governments and businesses improve public safety and corporate security is a significant part of IBM’s business strategy, ” said Craig Hayman, general manager of IBM’s industry solutions.  “Through our acquisition of i2, we are strengthening our ability to help cities, countries, international organizations and private enterprises create safer environments for conducting business.”

Previous acquisition coverage:

August 31: IBM to Acquire Analytics Firm to Enhance Defense, Public Safety Offerings

Check Also

Honeywell Awarded $111M to Provide Hardware for Army Tank Engine Overhaul

Honeywell (NYSE: HON) has received a potential $110.9M contract modification to provide hardware required to overhaul engines that power the U.S. Army's Abrams tanks. Services under the contract are intended to address Advanced Gas Turbine 1500 production requirements at Anniston Army Depot and support field repair efforts under the Total Integrated Engine Revitalization program, the Department of Defense said Thursday.

Amyx Secures $105M in DHA Program, Acquisition Support Contracts

Amyx has won a pair of fixed-price contracts worth $104.7M combined to support procurement and program management functions at the Defense Health Agency.