IBM Buys OpenPages To Spice Up Its Business Analytics Portfolio

Wednesday, 15 September 2010 15:28

IBM Buys OpenPages To Spice Up Its Business Analytics Portfolio

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IBM has agreed to purchase OpenPages, a privately-held software company based in Waltham, MA that helps companies identify and manage risk and compliance activities across the enterprise through a single management system. Financial terms were not disclosed, and the acquisition is subject to regulatory clearances

and other customary closing conditions. The acquisition of OpenPages expands IBM's business analytics capabilities to support compliance and risk management processes. Following the close of the acquisition, IBM intends to integrate OpenPages within IBM's Business Analytics software portfolio.