Dec 21, 2005 : IBM Acquires Micromuse for $865 Million
📅 - IBM (ibm.com) announced on Wednesday that it had acquired publicly held network management software provider Micromuse (micromuse.com) for approximately $865 million.
Micromuse software, used by banks, large enterprises and telecommunications carriers, manages technology infrastructures, supporting voice, video and data traffic across their networks.
The companies say the combination of Micromuse with IBM's IT service management technology will give customers a comprehensive set of tools for reducing the complexity of their IT environments, lowering operational costs and addressing compliance mandates.
"Today's networks are no longer just pipelines of data - customers are incorporating data, voice and video into their business operations at an astounding pace," says Al Zollar, general manager of IBM Tivoli software. "The proliferation of Internet telephony and video-on-demand are not only changing the way people use information technology, but also how companies manage it. The addition of new capabilities raises the complexity of today's networks, which require real-time network and service management. The combination of Micromuse and IBM Tivoli will help companies manage these sophisticated IT environments, deploy new business service management solutions, and deliver new network-based services to customers, employees and trading partners."
The deal, expected to close in the first quarter of 2006, is subject to Micromuse shareholder and regulatory approvals and other customary closing conditions.
Micromuse software, used by banks, large enterprises and telecommunications carriers, manages technology infrastructures, supporting voice, video and data traffic across their networks.
The companies say the combination of Micromuse with IBM's IT service management technology will give customers a comprehensive set of tools for reducing the complexity of their IT environments, lowering operational costs and addressing compliance mandates.
"Today's networks are no longer just pipelines of data - customers are incorporating data, voice and video into their business operations at an astounding pace," says Al Zollar, general manager of IBM Tivoli software. "The proliferation of Internet telephony and video-on-demand are not only changing the way people use information technology, but also how companies manage it. The addition of new capabilities raises the complexity of today's networks, which require real-time network and service management. The combination of Micromuse and IBM Tivoli will help companies manage these sophisticated IT environments, deploy new business service management solutions, and deliver new network-based services to customers, employees and trading partners."
The deal, expected to close in the first quarter of 2006, is subject to Micromuse shareholder and regulatory approvals and other customary closing conditions.
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URL source: http://www.thewhir.com/marketwatch/122105_IBM_Acquires_Micromuse_for_865_Million.cfm
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