|By Maureen O'Gara||
|December 20, 2012 08:45 AM EST||
IBM is buying Texas-based StoredIO, née Deepfile, which develops information management, compliance and electronic discovery software.
Terms were not disclosed.
Blue said StoredIQ will help customers derive value from unstructured Big Data and respond more efficiently to litigation and regulations, dispose of information that has outlived its purpose and lower data storage costs.
The widgetry, which can handle e-mail as well as file-sharing and collaboration sites, is bound for IBM's information lifecycle governance business.
The company, started in 2001 and a longstanding IBM partner with existing integration between IBM's information lifecycle governance suite and its active data management software, appears to have raised over $41 million during its career.
StoredIQ claims more than 120 customers worldwide including companies in financial services, healthcare, government and manufacturing.
It says other systems require months to index data and years to configure, install and address information governance. StoredIQ can be up and running in hours.
IBM said it was building on its acquisition of PSS Systems in 2010 and Vivisimo earlier this year.
The deal should close in Q1.
- "All It Took Was One E-Mail to Larry," Says Former eBay Research Director As He Moves to Google
- Google Ramps Up Its Mobile Reach: Launches "Mobile Web Search"
- VoIP Update: Yahoo! Buys DialPad
- Ericsson + Napster = World's First "Wireless Digital Music" Brand
- Free Guest Passes for the SOA World Conference & Expo in NYC
- SYS-CON i-Technology Podcast August 30, 2005
- A Flair for Food - Health-Conscious Cooking Is This Chef's Cup Of Tea
- Sony PSP May Feature Porn
- Kapow Helps Seiko UK, Provides SMS Text-Alert Services
- South Korea is World's Largest Phisher
- Will the Mac OS Now Be Offered by Dell?
- UK Targeted for Trojan Attacks
- MAX 2006: Tracks Announced
- BT's "Fixed-Mobile" Phone Gives Callers the Best of Both Worlds
- MetaSolv to Host Provisioning Symposium in London