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IBM (IBM) Acquires StoredIQ for Undisclosed Amount

December 19, 2012 9:26 AM EST
IBM (NYSE: IBM) today announced it has entered into a definitive agreement to acquire StoredIQ Inc., a privately held company based in Austin, Texas. Financial terms of the deal were not disclosed.

StoredIQ software provides scalable analysis and governance of disparate and distributed email as well as file shares and collaboration sites. This includes the ability to discover, analyze, monitor, retain, collect, de-duplicate and dispose of data. In addition, StoredIQ can rapidly analyze high volumes of unstructured data and automatically dispose of files and emails in compliance with regulatory requirements.


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