LOGO
LOGO

Quick Facts

IBM Completes Vivisimo Acquisition

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

International Business Machines Corp. (IBM) 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.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19