IBM Completes Acquisition Of Tarian Software

Nov 19, 2002


IBM has completed its acquisition of Tarian Software, a provider of eRecords management software. The acquisition bolsters IBM's position in the enterprise content management area, a strategic priority for the company within its data management portfolio. The acquisition was completed less than two weeks after announcing a definitive agreement. IBM will incorporate Tarian technology into its data management portfolio of products. Now that the acquisition is complete, IBM intends to immediately: Integrate Tarian's business operations and employees into the IBM Data Management Software division, under the leadership of general manger, Janet Perna; Make available the IBM Records Manager Version 2.0 (IRM), previously known as the Tarian eRecords Engine (TeRe); Integrate Tarian's eRecords management technology into IBM's software offerings, including IBM Content Manager, DB2 database and Lotus software. IBM made the decision to acquire Tarian based on increasing demand from customers in government, insurance, financial, manufacturing and other regulated industries, where eRecords management software is in growing demand.