Menu
IBM plans to buy e-discovery firm StoredIQ

IBM plans to buy e-discovery firm StoredIQ

IBM will roll StoredIQ software into its information governance portfolio

In a move to expand its portfolio of information governance software, IBM is acquiring e-discovery software vendor StoredIQ.

Founded in 2001, StoredIQ offers e-discovery systems that help organizations index, store, de-duplicate and delete their unstructured data. The process, which IBM calls information lifecycle governance, can help organizations comply with regulations, respond to litigation and cut storage costs by reducing data volume.

StoredIQ is the latest in a number of acquisitions IBM has made in the information management space. IBM purchased e-discovery vendor PSS Systems in 2010 and enterprise search vendor Vivisimo in 2012. IBM will fold StoredIQ into its software group, and will offer StoredIQ software as part of its Information Lifecycle Governance portfolio.

StoredIQ is a privately held company based in Austin, Texas, and has over 120 enterprise customers worldwide, including companies in the financial services, health care, government and manufacturing industries.

Because StoredIQ's architecture allows the software to run across multiple servers, it could manage petabytes worth of information. Because of this distributed capability, the company has recently rebranded itself as a big data vendor. The company also claims its systems can be installed and configured quickly, in hours rather than months that it says other e-discovery packages can take. StoredIQ delivers its software either on servers or in virtual containers.

Financial terms of the deal were not disclosed. IBM expects to complete the acquisition within the first three months of 2013.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags business issuesapplicationsIBMdata miningsoftwareMergers and acquisitions

Featured

Slideshows

A snapshot of the Kiwi partners set to shine at the Reseller News Awards

A snapshot of the Kiwi partners set to shine at the Reseller News Awards

With the 2017 Reseller News ICT Industry Awards only weeks away, Reseller News profiles the power line-up of partners set to dominate the biggest night on the channel calendar. ​Ranging from the enterprise, down through the mid-market and small business sectors into the heart of the start-up scene, the end result is the most diverse and wide-ranging partner line-up in the history of the Awards, playing host to the leading innovators of the past 12 months.​

A snapshot of the Kiwi partners set to shine at the Reseller News Awards
Channel celebrates as HP marks 50 years in NZ

Channel celebrates as HP marks 50 years in NZ

HP marked 50 years in New Zealand at an event in the vendor's Auckland's headquarters last night, with a host of key channel figures coming along to celebrate. Photos by HP.

Channel celebrates as HP marks 50 years in NZ
Show Comments