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

Air Force Seeks Info on E-4B Airborne Ops Center Aircraft Replacement Program

The Air Force has issued a presolicitation notice to seek information on a new aircraft to replace its fleet of legacy E-4B National Airborne Operations Center planes. A notice posted Wednesday on beta SAM website says the proposed Survivable Airborne Operations Center Weapon System aircraft will be a key National Military Command System component in support of the president, defense secretary and the Joint Chiefs of Staff.

Navy Contingency Construction IDIQ Modification Increases Contract Value to $1.2B

The U.S. Navy has awarded four companies a $92M modification that increases the potential value of an indefinite-delivery/indefinite-quantity contract for global contingency construction services to $1.24B. AECOM's (NYSE: ACM) URS subsidiary, Jacobs Engineering Group's (NYSE: JEC) CH2M business, KBR (NYSE: KBR) and Environmental Chemical Corp. hold positions on the IDIQ.