IBM Completes Acquisition of Vivisimo

May 29, 2012


      Bookmark and Share

IBM has announced the closing of its acquisition of Vivisimo. IBM had announced the company was acquiring Vivisimo on April 25, 2012. As a result of the takeover, about 120 Vivisimo employees will join IBM's Software Group and IBM will gain Vivisimo's customers, such as Airbus, the Social Security Administration, the US Navy and Air Force, LexisNexis, and others. IBM believes this move will further strengthen its position in the field of large data analytics as the company sees this industry growing by 40% over the next few years.

IBM sees Vivisimo as a way to automate the flow of information which the company says will greatly help customers. It is also looking to the new acquisition to help with sophisticated data federation capabilities that help clients discover and analyze massive amounts of structured and unstructured data.

(www.ibm.com, www.vivisimo.com)