IBM completes acquisition of Vivisimo
Technology giant IBM has finished its acquisition of information optimisation solutions provider Vivisimo for an undisclosed sum.
Vivisimo, more specifically, provides federated discovery and navigation software that helps organisations access and analyse big data.
The acquisition enhances IBM’s big data initiatives to help clients analyse the volume, variety, and velocity of big data.
"Game-changing insights are locked inside big data and clients want an easier way to unlock their full potential," said Arvind Krishna, general manager, Information Management, IBM Software Group.
"This acquisition of Vivisimo will help clients uncover new data and combine it with existing information assets for analysis that leads to smarter business decisions.”
Under the deal, about 120 Vivisimo employees will join IBM's Software Group.
IBM will incorporate Vivisimo technology into its big data platform and will sell Vivisimo products individually.