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IBM to Acquire Micromuse for $865 million

December 21st, 2005

IBM to Acquire Micromuse for $865 million

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.

 
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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

 


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Copyright 2005 Best Syndication                                     Last Updated Saturday, July 10, 2010 09:46 PM