|
IBM to Acquire Micromuse for $865 million
December 21st, 2005
|
 |
|
Netcool Suite by
Micromuse |
|
IBM stated on this Wednesday that they would buy software company
Micromuse Inc. for $865 million. This purchase will help fill the needs
of the Tivoli software for large computer networks.
Micromuse develops software for managing complex communications based
networks including telephone calls, internet traffic, and video. Tivoli
is a competitor to Computer Associates International Inc., Hewlett-Packard
Co, and BMC software Inc.
This year alone, IBM has announced 11 acquisitions of software
companies. Micromuse will be integrated with the Tivoli line and will
complete the set of monitoring tools that IBM has been working on for
years. The acquisition of Micromuse is anticipated to be completed
within 60 days.
Micromuse originally was developed for use with phone companies, however
this has changed as other companies needs have changed with
needs for communications using Internet and with telecommunication networks for
world wide operations.
Micromuse revenue for the most recent year was $161 million. Currently
Micromuse has around 1,800 customers including the world’s largest
telephone companies; British Telecom, Deutsche Telecom, and Verizon to
name a few. Other companies that they sell to outside of the telephone
industry are Fidelity Investments, NCR Corp., US Securities and Exchange
Commission, and Virgin Atlantic.
By
Nicole Wilson
Best Syndication Staff Writer
Keywords and misspellings: I.B.M. buys merges
Micro Muse Incorporated IBM purchases MicroMuse aquizition aqire stock
market
|
RSS Feed to our Real Estate
News
