International Business Machines Corp. (IBM: Quote) said Tuesday that it has completed the acquisition of Vivisimo, a provider of federated discovery and navigation software that helps organizations access and analyze big data.
Financial terms of the deal, which was announced late last month, were not disclosed.
With the closing, about 120 Vivisimo employees will join IBM's Software Group. IBM will incorporate Vivisimo technology into its big data platform and sell Vivisimo products individually.
Vivisimo software automates the discovery of big data, regardless of its format or where it resides, providing decision makers with a federated view of key business information necessary to drive new initiatives. The combination of IBM and Vivisimo software accelerates IBM's big data initiatives to help clients analyze the volume, variety, and velocity of big data for strategic advantage.
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by RTT Staff Writer
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