IBM has reached an agreement to acquire Vivisimo, a privately held company that provides access to big data across the enterprise. The financial terms of the acquisition were not disclosed.
The move advances IBM’s big data analytics initiatives with advanced federated capabilities. IBM is working to expand its big data platform to run on other distributions of Apache and Cloudera Hadoop.
“As a part of IBM, we can bring clients the quickest and most accurate access to information necessary to drive growth initiatives that increase consumer satisfaction, streamline processes, and boost sales,” said Vivisimo Chief Executive Officer, John Kealey.
Vivisimo captures and delivers information across the broadest range of data sources and helps employees navigate data with a single view, leading to more accurate decision-making.
“The winners in the era of big data will be those who unlock their information assets to drive innovation, make real-time decisions, and gain actionable insights to be more competitive,” said IBM Information Management general manager Arvind Krishna.
Approximately 120 Vivisimo employees will join IBM upon the closing of the acquisition.
Read John Kealey’s three pieces of advice to his children, a part of a larger round-up series, here on WashingtonExec.
